Two to three interest rate hikes still possible this year - Fed officials

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Reuters WASHINGTON
Last Updated : May 17 2016 | 10:28 PM IST

WASHINGTON (Reuters) - The U.S. Federal Reserve could still raise interest rates two or three times this year, two top Fed officials said on Tuesday.

At a joint appearance in Washington, Atlanta Fed President Dennis Lockhart said that he still assumes there will be two to three rate hikes this year.

San Francisco Fed President John Williams agreed that "seems reasonable."

(Reporting by Lindsay Dunsmuir and Jason Lange; Editing by Chizu Nomiyama)

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First Published: May 17 2016 | 10:19 PM IST

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