According to Odaily Planet Daily, Fed's Williams said that the 50 basis point rate cut in September is not "a rule for our future actions." The interest rate decision in September was correct in September and is also correct for today.

It also said the U.S. economy is ready for a soft landing. The officials' latest interest rate forecast dot plot is a "very good base case." The goal is to adjust interest rates to a neutral level so that they no longer suppress demand over time.