EghtesadOnline: U.S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of creating full employment and getting inflation to 2 percent.
EghtesadOnline: U.S. economic growth prospects appear strong enough for the Federal Reserve to proceed with gradual interest rate rises but the central bank is monitoring an increase in long-term U.S. government borrowing costs, Fed Vice Chair Stanley Fischer said on Friday.
EghtesadOnline: The U.S. labor market is close to full strength and the economy could at some point overshoot the Federal Reserve's goals for employment and inflation, Fed Vice Chairman Stanley Fischer said on Friday.
EghtesadOnline: The Federal Reserve is "very close" to its U.S. employment and inflation targets, Fed Vice Chair Stanley Fischer said on Monday, as he warned against making rash changes to the policy framework in an effort to boost economic growth.
EghtesadOnline: The dollar strengthened and Treasuries fell as Federal Reserve Vice Chairman Stanley Fischer said the U.S. economy was close to full employment, reinforcing speculation that policy makers are moving toward raising interest rates.
EghtesadOnline: The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation's central bank chief said he did not see the need for a rapid succession of interest rate cuts.
EghtesadOnline: The Federal Reserve is close to hitting its targets for full employment and 2 percent inflation, the Fed's No. 2 policymaker said on Sunday in comments that did not address when the U.S. central bank should next raise interest rates.