According to CoinMeta, John Williams, the president of the Federal Reserve Bank of New York, reiterated his confidence in the current monetary policy, emphasizing that the Fed is committed to bringing inflation back to its 2% target and is closely monitoring economic risks. He stated that the Fed's policy is "in a good position" to achieve price stability and strongly supports recent policy decisions, with officials ready to take action if inflation does not move towards the target. Williams is optimistic about the gradual alleviation of inflationary pressures but acknowledges that uncertainties remain high, especially the additional risks posed by conflicts in the Middle East. He expects that the inflationary effects of these conflicts will diminish over time rather than lead to persistent price spikes. Additionally, Williams discussed the rapid expansion of investments in artificial intelligence, stating that no financial stability risks have been observed at present, and recent volatility is within expectations.