TOKYO — During a visit to Japan, Federal Reserve Bank of New York president and chief executive officer William Dudley on Monday warned against preparing to tighten the U.S. monetary policy too early, maintaining his previous dovish tone about the outlook for central bank policy.

Dudley told a question-and-answer session after his speech here that he does not expect a sharp acceleration in the U.S. inflation rate in the near term because the recent rise in international commodity prices will be “temporary,” adding that wage pressures in the U.S. are “extremely benign.”

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