Former Federal Reserve senior adviser Jon Faust said he does not expect the Fed to raise rates today and agreed with FOMC vice chair John Williams that "the tactic of deliberately surprising markets to gain credibility will not work."

2026-07-29

Former Federal Reserve senior adviser Jon Faust said he does not expect the Fed to raise rates today and agreed with FOMC vice chair John Williams that "the tactic of deliberately surprising markets to gain credibility will not work."