TechFlow reported that according to Jinshi Data, New York Fed President Williams said that inflation is expected to continue to decline. 3% inflation is not the new normal, and the Fed will bring the inflation rate to 2%.

Williams also mentioned that interest rates are expected to gradually decline over the next few years. He stressed that the U.S. economy is performing very strongly and income levels are rising.

In addition, Williams made it clear that the Fed's decisions will depend on the economy and political factors will not affect the Fed's interest rate decisions.