October 21, 2016 / 8:36 PM / 3 years ago

Fed's Williams says 'this year would be good' for rate increase

SAN FRANCISCO (Reuters) - The U.S. economy is “well-positioned” for a rate increase, a central bank policymaker said on Friday, adding that he personally wanted the Federal Reserve to have raised rates last month.

“This year would be good” for a U.S. interest-rate increase, San Francisco Federal Reserve Bank President John Williams told reporters after a speech at the Federal Home Loan Bank of San Francisco member conference. Next year, he said, it would “make sense” to have a few more rate hikes, if the economy continues to grow as expected.

Reporting by Ann Saphir; Editing by Chizu Nomiyama

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