[New York Fed President Williams: December Rate Decision Will Need to Weigh Multiple Factors] New York Fed President Williams stated that the financial pressures faced by U.S. middle- and low-income groups could pose a threat to the resilience of the U.S. economy, while wealthy households have benefited from the stock market boom. He pointed out that the December rate decision will be a balancing act and emphasized that the current inflation level remains high, with no signs of a downward trend yet. He also mentioned that middle- and low-income households are constrained in terms of affordability, which poses risks to consumer confidence and spending.