Williams Says the Fed Has Time. October Rate Hike Odds Fell Below a Coin Flip - 24/7 Wall St. Williams Says the Fed Has Time. October Rate Hike Odds Fell Below a Coin Flip One sentence from New York Fed President John Williams sent rate-hike odds tumbling, but two other Fed governors told a very different story about where policy is headed before year's end. The Federal Reserve building, a symbol of monetary authority, is pictured as markets analyze evolving expectations for the central bank's next interest ...