Fed’s Williams: Inflation to cool later this year and hit 2% in 2027

Fed's John Williams asserts that US monetary policy is well-structured to guide inflation back to target without jeopardizing job growth, with expectations for inflation to cool later this year and reach 2% by 2027. His comments suggest that there is no immediate need for interest rate cuts, as the Fed approaches a neutral policy stance. This indicates that while the market might see temporary strength in the dollar, the overall economic environment remains stable and balanced. Hence, no immediate trading signal can be derived without specific levels or price actions mentioned.