Federal Reserve Bank of New York President John Williams stated that another interest rate hike before year-end is reasonable as the U.S. economy demonstrates significant resilience and downside risks to full employment have diminished. Williams emphasized the need to return inflation to target levels in a timely manner. The Fed official highlighted that inflation continues to face major challenges, noting specifically that demand driven by artificial intelligence remains quite strong. His comments signal a continued hawkish stance focused on ensuring price stability despite robust economic conditions.