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- San Francisco Fed President John Williams: it is unlikely that the Fed would cut its interest rates into negative territory
San Francisco Fed President John Williams: it is unlikely that the Fed would cut its interest rates into negative territory
San Francisco Fed President John Williams said on Monday that it was unlikely that the Fed would cut its interest rates into negative territory. He also said that the U.S. banking system was safer than before the financial crisis, due to higher reserve requirements and stress testing.
Williams noted that the U.S. economy was in a good shape.
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