According to BlockBeats, on June 18th, Williams of the Federal Reserve expressed that the recent inflation data is encouraging. It is anticipated that as inflation slows down, interest rates will gradually decrease.
Williams emphasized that political factors will not influence the Federal Reserve's decisions on interest rates. The inflation rate is returning to the Federal Reserve's target level of 2%. This statement provides an insight into the Federal Reserve's perspective on the current economic situation and its future plans for interest rates.