Fed's Williams: Labor market not adding to inflation pressures

Well, we're getting some fresh comments from New York Fed President John Williams. Steve Leeman has the details. Hi, Steve.>> Hey, Mike. Yeah, [music] he's talking about the conflict in the Middle East, saying he sees substantial risk and high uncertainty in the economic outlook from especially those events. He says the Middle East conflict could result in a large supply shock, and you guys were just talking about this, raising inflation on the one hand and dampening economic activity on the other, putting ...