Fed’s Williams doesn’t see urgent need to cut interest rates again, in CNBC interview

By Michael S. Derby

Dec 19 (Reuters) – Federal Reserve ‍Bank of New York President John Williams said Friday that he ‌did not ‌see any imminent need to follow last week’s interest rate cut ​with another easing.

In a CNBC ‍interview, ​the Fed official ​said he did ‍not have a “sense of urgency” to lower rates, saying “I think the ‍cuts we’ve made have positioned us really ‍well” ‍to help ​get inflation ​down ⁠while helping to ‌support a cooling job market.

(Reporting by Michael S. Derby; Editing by Alex ⁠Richardson)