Fed's Williams Still Eyes Two Rate Hikes This Year

By Greg RobbMarketWatch Pulse

San Francisco Fed President John Williams said Wednesday that he still favors two interest rate hikes this year despite developments in Greece and China, according to a report on Reuters. China's stock market meltdown was not a "main issue" for the U.S. and what matters most on the Greek debt crisis is the reaction of financial markets, he said.

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