Economic official: US interest rate hike likely
The president of the Federal Reserve Bank of New York, John Williams, predicted that it would be reasonable to raise interest rates again before the end of 2026 to help reduce inflation risks. He pointed out that investors see a potential rate hike by the end of the year and that they will gather data to review upcoming decisions. Last week, the Federal Reserve Committee increased the interest rate to a range of 3.75% to 4%, and most members expect it to be raised again at least before the end of the year.
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