[Federal Reserve's Williams: If Inflation Does Not Return to 2% as Expected, the Fed Will Take Action] BlockBeats News, August 3, Federal Reserve's Williams stated strong support for the latest FOMC rate decision and reiterated the commitment to bringing inflation back to the 2% target level. If inflation does not fall back to 2% along the expected path, the Federal Reserve will take action to achieve price stability. Additionally, Williams mentioned that the impact of the Middle East conflict on inflation is expected to gradually weaken, though he acknowledged that uncertainties remain in the situation. He also pointed out that market pricing provides valuable information to the Federal Reserve, but the Fed does not need to align with market pricing levels. Furthermore, he believes that investments in artificial intelligence do not pose financial stability risks and is not surprised by fluctuations in the AI industry.