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Fed's Williams Urges US Central Bank to Stay on Track With Rate Rises

The U.S. economy remains on track for a gradual path of interest rate hikes and fears over the impact of a slowing global economy and bouts of financial volatility are overdone, San Francisco Federal Reserve President John Williams said on Tuesday. "Others' economic fates do not spell our own," Williams said in a speech at the National University of Singapore on a trip to Asia. "My view is essentially, let's just stay on track. Let's not get sidelined by the...

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