Although Powell stepped down and Nick lost influence, his sources are still far ahead of the average person. The post he just shared can be considered good news. It indicates that New York Fed President Williams refuses to raise interest rates just to maintain the Fed's credibility or to show the market he's not soft. Instead, he emphasizes relying solely on data, which essentially lowers market expectations for a rate hike in the near term. You might remember that when $BTC dropped below 80k, the reversal was triggered by Williams speaking out. His statement today might be laying the groundwork for next week's CPI data.