NEW YORK POST: New York Fed President John Williams leaves door open to rate hike pause

In his formal remarks on Tuesday, Williams said “I am confident we are on the path to restoring price stability,” adding, “As always, I’ll be monitoring the totality of the data and what it implies for the achievement of our goals.

He said price pressures remain “too high,” and added that the Fed remains committed to bringing inflation back to the central bank’s 2% target. He also said, “Although we have seen some signs of a gradual cooling in the demand for labor — as well as for some goods and commodities — overall demand continues to exceed supply.”
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