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    Federal Reserve Bank of San Francisco President John Williams: the Fed should start to discuss about hiking interest rate by mid-year | 24.03.2015

     

    The Federal Reserve Bank of San Francisco President John Williams said in Sidney on Tuesday that the Fed should start to discuss about hiking interest rate by mid-year. He added that the Fed should raise its interest rate "gradually over the next couple of years to more normal levels". Williams expects full employment by the end of the year and the U.S. economic growth to reach 2.5%. He downgraded his GDP growth from a previous estimate of just below 3%.


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