According to Crypto界网, via a tweet from "Federal Reserve mouthpiece" Nick Timiraos: New York Fed President Williams stated that the labor market has shown signs of stability. Although inflation has not made significant progress, the absence of secondary effects from tariffs, no bottlenecks in the supply chain, and stable wage growth are encouraging trends. He said that the current policy stance is appropriate, and if inflation develops as expected, rate cuts would be suitable in the future.