01-05-2015 23:38 via news.yahoo.com

Fed's Williams: good data before June could support rate hike

If U.S. economic data comes in good enough, the Federal Reserve could well hike rates as soon as June, a top Fed official said on Friday. "I agree with the way my colleague (Cleveland Fed President) Loretta Mester put it," Williams told reporters after a speech at Chapman University. The Fed will get two months worth of data, including jobs reports for April and May as well as retail sales data, inflation data and other key metrics, said Williams, who is a voting member this year of the central
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