CoinVoice has recently learned that according to "Federal Reserve mouthpiece" Nick Timiraos, Fed's Williams hinted that if inflation continues to slow recently, there may be reason to cut interest rates in the coming months, but there will be no rate cut at the Fed meeting in two weeks.
Williams also said that, combined with signs that U.S. labor market conditions are gradually cooling, the past three months of inflation data "bring the Fed closer to the inflation trend we expect." These are positive signs. We would like to see more data to gain further confidence that inflation is moving toward our 2% target in a sustained manner. His comments suggest that the central bank may consider lowering interest rates when it meets in mid-September, assuming there are no major surprises in the economic situation. [Original link]
