Markets · September 24, 2026 · 2 min read

Fed's Williams says another rate hike this year is 'reasonable'

Published September 24, 2026

Reviewed by Econ Data Tools editorial QC

New York Fed President John Williams said another hike by year-end would be reasonable, as the 10-year Treasury yield held near 5.12%.

New York Fed President John Williams said Thursday that it would be "reasonable" to see another interest rate hike by the end of the year. Speaking at the London Macro Policy Forum, he said investor sentiment suggests "it's likely that another rate hike may be appropriate by the end of the year," and added: "That seems to me a reasonable way of thinking about it. But we have to see. We're going to collect the data and do what we did between July and September." The Fed raised its target range by a quarter point to 3.75% to 4% on Sept. 16. On Wednesday, Fed Governor Michael Barr said "further policy adjustments are likely to be needed to ensure inflation comes down to target in a timely fashion." CME Group's FedWatch tool put the odds of an October hike at 77.5% on Thursday, up from about 53% on Wednesday, CNBC reported. Bond yields stayed near multiyear highs. In early European trade the 10-year Treasury yield was at 5.119%, according to Tradeweb, after hitting a 19-year high of 5.14% on Wednesday. The 30-year yield was at 5.414%. Germany's 10-year Bund yield rose 1.5 basis points to 3.549%, and the U.K. 10-year gilt yield rose 2.1 basis points to 5.340%. Next up Thursday: the Treasury's $44 billion auction of seven-year notes and a $6 billion buyback of 20- and 30-year bonds.

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