NY Fed President Williams discusses inflation, jobs, and interest rates

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Yahoo Finance’s Jennifer Schonberger sat down for an exclusive interview with New York Fed President John Williams on Tuesday to discuss various aspects of the U.S. economy, including the March jobs report, inflation, credit conditions, and the prospect of needing to resume rate hikes in the future.

Williams seems optimistic about job growth, but acknowledged that ‘inflation is still very high and that there is work to be done to bring it back to 2%’, also noting that central banks around the world have been tightening monetary policy, leading to somewhat restrictive financial conditions.

You can watch Jennifer's full interview with NY Fed President John Williams here.

Key video moments:

00:00:24 - Williams on job market

00:00:46 - Williams on inflation

00:01:00 - Williams on credit conditions

00:01:25 - Williams on financial conditions

00:01:44 - Williams on interest rates

00:02:11 - Williams on rate hikes

00:02:56 - Williams on commercial real estate