BlockBeats news, on December 3, Federal Reserve President Williams stated on Monday that as inflation pressures continue to ease, the Federal Reserve may further lower its interest rate targets. Speaking 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 of inflation to the 2% target.' Looking ahead, 'I expect that over time, continuing to shift towards a more neutral policy setting will be appropriate,' Williams stated, adding that the policy path will depend on data. If we have learned anything in the past five years, it is that the outlook remains highly uncertain. Williams did not provide clear guidance on the timing of any rate cuts or whether he believes the Fed will lower its interest rate targets at this month's FOMC meeting.