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Fed's Williams: don't use monetary policy to fight bubbles
June 30, 2014 / 5:10 PM / 3 years ago

Fed's Williams: don't use monetary policy to fight bubbles

SUN VALLEY, Idaho, June 30 (Reuters) - San Francisco Federal Reserve Bank President John Williams said on Monday he was “very concerned” that some policymakers want central banks to focus monetary policy on fighting asset bubbles because doing so could detract from their ability to stabilize inflation.

Reporting by Ann Saphir; Editing by Chizu Nomiyama

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