Federal Reserve Bank of New York President John Williams said, “I definitely don’t feel urgency to cut interest rates. I think monetary policy is doing exactly what we would like to see.” Williams said economic data will determine the timing of lower interest rates during the Semafor World Economy Summit in Washington. For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-18/new-york-fed-s-williams-sees-no-urgency-to-cut-interest-rates -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com/ for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Bloomberg Originals: https://www.youtube.com/channel/UCUMZ7gohGI9HcU9VNsr2FJQ Bloomberg Quicktake: https://www.youtube.com/channel/UChirEOpgFCupRAk5etXqPaA Bloomberg Espanol: https://www.youtube.com/channel/UCp6zvh6_oW2pXbk0gPSjzyg Bloomberg Podcasts: https://www.youtube.com/channel/UChF5O40UBqAc82I7-i5ig6A