Mortgage Fraud Allegations

CNBC’s Steve Liesman interviewed New York Fed President John Williams regarding mortgage fraud allegations against Federal Reserve Governor Lisa Cook. The discussion emphasized the significance of maintaining Fed independence amidst these claims.

State of the Economy

Williams addressed the current state of the economy, focusing on the Federal Reserve’s ongoing efforts to combat inflation. He highlighted the importance of navigating economic challenges while ensuring effective monetary policy.

Rate Path Outlook

The conversation included insights on the Federal Reserve’s potential rate path moving forward. Williams underscored the need for careful consideration of economic indicators to guide future decisions.