Fed Officials Discuss Inflation, Rate Hike Possibilities; Williams Signals End of Clear Forward Guidance

Published: Sep 28, 2026 14:45 (GMT+8)

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Several US Fed officials made their latest remarks on inflation and the outlook for rate hikes. New York Fed President Williams noted that the era of the US Fed relying on clear forward guidance has "ended," and another rate hike this year is a "reasonable" expectation. Philadelphia Fed President Paulson said that if the economy evolves in line with expectations, the US Fed may need to raise rates further to bring inflation back to target. Cleveland Fed President Hammack stressed that the US economy is facing a series of supply shocks, heightening the risk that an inflation mindset becomes entrenched.

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