{
  "id": 7511241,
  "title": "Federal Reserve: Rate hiking path and global yields – BNY",
  "url": "https://urgent.news/2026/09/15/federal-reserve-rate-hiking-path-and-global-yields-bny",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T08:37:14.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/federal-reserve-rate-hiking-path-and-global-yields-bny-202609150837"
  },
  "original_language": "en",
  "account": "BNY's John Velis anticipates the Federal Reserve will raise interest rates by 25 basis points at their upcoming FOMC meeting and expects another increase later in the year. Market expectations currently price around 100 basis points of tightening through the end of 2027, but Velis believes the US economy may struggle to maintain such restrictive rates for an extended period. He also sees increasing global policy expectations and pressure on longer-dated bonds, while warning that short-term yields may have moved too far.",
  "summary": "BNY’s John Velis expects the Federal Reserve to raise rates by 25bp at this week’s FOMC meeting and sees another hike as likely later this year.",
  "key_points": [
    "Federal Reserve to raise rates by 25 basis points at next FOMC meeting",
    "Expect another increase later in 2027, but US economy may struggle",
    "Global policy pressure on longer-dated bonds, short-term yields may have moved too far"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}