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- San Francisco Fed President John Williams: the Fed could raise its interest rate in June or in July
San Francisco Fed President John Williams: the Fed could raise its interest rate in June or in July
San Francisco Fed President John Williams said on Monday that the Fed could raise its interest rate in June or in July. He added that the referendum on Britain's membership in the European Union (EU) would be taken into account in June.
San Francisco Fed president expects two or three interest rate hikes this year.
Williams is not a voting member of the Federal Open Market Committee (FOMC) this year.
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