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09.05.2016 16:00

New York Fed President William C. Dudley: it would be appropriate to raise the interest rate twice this year

New York Fed President William C. Dudley said in an interview on Friday that it would be appropriate to raise the interest rate twice this year.

"I think we're still on track," he said.

Dudley expects the U.S. economy to continue to strengthen despite the weak growth in the first quarter.

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