Three Fed Officials Signal Inflation Fight Not Over; Williams Sees No Rate Hikes Needed in 2027

English summary

On Tuesday, three Federal Reserve officials signaled that the fight against inflation is not over. Barkin stated inflation has persistence; Williams suggested one more hike might be suitable in 2026 but none needed in 2027, expecting inflation to fall near 2% next year; Collins anticipated a rate hike before year-end and focused on the breadth of price pressures. Markets have largely ruled out an October hike, focusing on December, with oil prices becoming a key variable.