Fed comments on Monday were mixed. On the dovish side, New York Fed President John Williams said inflation risks have receded, while those for employment have moved up, making it sensible for the Fed to lower interest rates. Conversely, Cleveland Fed President Beth Hammack said inflation “is not really getting back down to the Fed’s objective of 2% until the end of 2027 or early 2028” and that “we really need to maintain a restrictive stance for policy.”The US Sep Dallas Fed manufacturing activity survey un ...