New York Fed President John Williams indicated that there is no immediate need for interest rate cuts, as the U.S. economy is expected to remain robust in 2026. Williams emphasized that the current monetary policy effectively supports labor market stability and aims to bring inflation back to the 2% target. He forecasts GDP growth between 2.5% and 2.75% for the year, with inflation peaking at 2.75% to 3% in the first half and averaging 2.5% by year-end.