A post by @FirstSquawk on X.

New York Fed President John Williams said the economic impact of tariffs is "mostly complete" and that the economy is "past it now," according to remarks reported by First Squawk. The comment signals the Fed official sees little remaining inflationary or growth drag from existing trade duties, a view that matters for the rate path as policymakers weigh how much of the tariff-driven price pressure has already worked through the economy. Markets will watch upcoming inflation and labor data, along with further Fed commentary, for confirmation that tariff effects are no longer a live variable in policy decisions.