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06.05.2016 15:54

San Francisco Fed President John Williams: the Fed could raise its interest rate twice or three time this year

San Francisco Fed President John Williams said in an interview with CNBC on Thursday that the Fed could raise its interest rate twice or three time this year, noting that it would be "appropriate". He added that further interest rate hikes would depend on the incoming economic data.

San Francisco Fed president also said that concerns over the slowdown in the global economy dissipated.

Williams is not a voting member of the Federal Open Market Committee (FOMC) this year.

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