02:45 PM EDT, 04/15/2024 (MT Newswires) -- New York Fed President John Williams (voter) told Bloomberg TV on Monday that the Federal Open Market Committee is still likely to lower rates at some point this year, even as markets remain concerned about the string of stronger-than-expected data reports.

Recent comments of note:

(April 12) San Franciso Fed President Mary Daly (voter) said that there is "no urgency" for the FOMC to cut rates and it should wait for further evidence that inflation is on track back toward the 2% goal.

(April 12) Kansas City Fed President Jeffrey Schmid (nonvoter) said the FOMC should wait for "clear and convincing" evidence that inflation is slowing back to 2%.

(April 12) Atlanta Fed President Raphael Bostic (voter) noted that tight home supply due to regulations and stigma tilted against affordable homes has reduced affordability and widened economic disparities. Bostic did not make any comments on the overall economy or monetary policy but noted that economies are generally more robust and monetary policy more effective when they are more inclusive.

(April 11) Boston Fed President Susan Collins (nonvoter) said that there may be less policy easing this year than previous thought as the FOMC takes a patient approach to making adjustment but will be ready to act based on the available data.

(April 11) Williams said he expects the slowdown in inflation will continue, though with some bumps recently that require the FOMC to continue to monitor the incoming data.