Fed's Williams: Eventually there will be rate cuts

John C. Williams, President of the Federal Reserve (Fed) Bank of New York hit newswires during a speech a t the Milken Institute Global Conference in Beverly Hills on Monday. NY Fed President Williams is a voting member of the Federal Open Market Committee (FOMC), the Fed's key body responsible for interest rate decisions.

Key highlights:

Eventually there will be rate cuts.

Williams is seeing job growth moderating.

Fed is looking at totality of economic data.