WILLIAMS (Sep 29) said there is no need to rush and the Fed can wait for more
data, but if the economy tracks his projections a further rate increase before
year-end could be appropriate. BARR (Sep 29) said growth is solid, the labor
market remains resilient and inflation is still too high, supporting further
action to bring inflation down. Jefferson (Oct 1) said activity and employment
are broadly healthy and inflation remains above target, stressing policy should
be based on a comprehensive assessment of data, outlook and risks rather than
any single indicator. LOGAN (Oct 1) said policy may ultimately require another
50bps of cumulative tightening but gave no timing. KASHKARI (Oct 1) said he
expects possibly one more hike this year; further moves next year will depend on
inflation and economic resilience. WALLER (Oct 8) said inflation remains too
high and that tariffs, energy prices and demand pressures keep risks elevated;
he supported the September hike and said the decision reflected months of
evidence rather than a single month’s data. KEVIN WARSH (Oct 16) declined to
pre-announce or pre-judge whether he will support an October hike or other moves
at the remaining meetings this year.
