INSIGHT: New York Fed's Williams says further rate hikes remain possible if inflation stalls above 2%—Reuters

Fed President John Williams signaled the Fed could raise rates if inflation does not continue moving toward the 2% target. This reinforces a higher-for-longer policy risk, tightening financial conditions and pressuring rate-sensitive assets. The immediate market focus is on front-end rates and the US dollar, as expectations for additional tightening can lift real yields and increase volatility across equities, credit, and crypto.