Fed's Williams repeats call for rate hike 'sometime' in 2015

SALT LAKE CITY (Reuters) - San Francisco Federal Reserve Bank President John Williams on Thursday renewed his call for an interest-rate hike "sometime later this year," citing near-full employment and rapidly rising house prices that may be a sign of excessive economic optimism.

His prepared remarks in Salt Lake City were nearly identical to those made in Los Angeles on Monday.

(Reporting by Ann Saphir; Editing by Andrea Ricci)

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