WILLIAMS TONES DOWN RATE HAWKISHNESS NY Fed’s John Williams signals openness to rate cuts, citing mildly restrictive policy and viewing inflation setbacks as tariff-driven and temporary. While FOMC minutes had cast doubt on December action, Williams’ comments shift sentiment dovish. He forecasts 2% inflation by 2027, reinforcing the Fed's dual mandate while hinting at room to cushion rising labor market risks. #FederalReserve #RateOutlook