Fed's Williams expects further US rate increases into next year

One of the most influential Federal Reserve policymakers said on Tuesday he expects further interest-rate hikes in the face of an economy "in really good shape" and a U.S. expansion that should mark a record length midway through next year.

"Given this outlook I describe of strong growth, strong labor market and inflation near our goal - and taking into account all the various risks around the outlook - I do continue to expect that further gradual increases in interest rates will best foster a sustained economic expansion and a sustained achievement of our dual mandate," New York Fed President John Williams told reporters.

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