Fed's Williams Sees Reasons to Increase Rates Soon and Slowly

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  • Sees growth at 2% in second half of 2015, continued job gains
  • Supports 'high-pressure economy,' but not for too long

Fed's Williams: Policy to Be Accommodative for Few Years

The Federal Reserve is progressing toward its dual mandate of stable prices and maximum employment and should raise interest rates in the near future, said John Williams, president of the Federal Reserve Bank of San Francisco.

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