economic-fates

Fed’s Williams urges U.S. central bank to stay on track with rate rises

“Others' economic fates do not spell our own,” Williams said in prepared remarks before an audience at the National University of Singapore. The U.S. central bank left interest rates unchanged two weeks ago and signaled its cautiousness by forecasting two further rate hikes this year, down from four at its December meeting, when the Fed raised rates from near zero for the first time in almost a decade.

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Fed’s Williams urges U.S. central bank to stay on track with rate rises