Fed's Williams says need to keep raising rates to prevent overheating

Market news

9 April 2018

Fed's Williams says need to keep raising rates to prevent overheating

Three or four rate hikes this year right "right direction"
Sees inflation exceeding 2 pct for next few years
Expects jobless rate to fall to 3.5 pct by next year
Above-trend growth doesn't necessarily pose a risk at this time

Swiss unemployment rate stable at 2.9% in March

Eurostoxx 50 futures up 0.2 pct, DAX futures up 0.4 pct, CAC 40 futures flat, FTSE futures up 0.4 pct, IBEX futures up 0.3 pct

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