Odaily Planet Daily News: The President of the New York Federal Reserve, Williams, stated on Monday that as inflationary pressures continue to ease, the Federal Reserve may further lower its interest rate targets. During a speech at a meeting of the Queens Chamber of Commerce in New York, Williams said, "Monetary policy remains in a restrictive range to support a sustainable return to the 2% inflation target." Looking ahead, "I expect that over time, it will be appropriate to continue toward a more neutral policy setting," Williams stated, noting that the policy path will depend on data. If we've learned anything over the past five years, it's that the outlook remains highly uncertain. Williams did not provide clear guidance on the timing of rate cuts or whether he believes the Federal Reserve will lower its interest rate targets at this month's FOMC meeting.