TechFlow News, on July 17, according to Jinshi Data, Nick Timiraos, known as the "mouthpiece of the Fed," reported that Federal Reserve Bank of New York President John Williams hinted that if the recent slowdown in inflation continues, there could be grounds for interest rate cuts in the coming months—though not at the Fed's meeting two weeks later.
Williams stated that U.S. labor market conditions are gradually cooling, and the past three months of inflation data have brought the Fed closer to its expected disinflation trend. The Fed might consider lowering rates at its mid-September meeting, provided there are no major unexpected developments in the economic outlook.
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