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Fed's Williams sees rate rises appropriate in 'near future'
Reuters: Despite strong headwinds from overseas that are holding down U.S. inflation, the Federal Reserve should soon begin to raise interest rates to slow down economic growth before it becomes unsustainable, a top Fed official said on Monday.
"I do see the time to start raising rates in the near future, from my perspective," San Francisco Fed President John Williams said in an interview on Bloomberg TV.
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