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Fed's Fischer: Falling unemployment will lead to higher inflation

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - Vice chair of the Federal Reserve Stanley Fischer, speaking at the National Economists Club annual dinner, keeps crossing the wires, now going through Q&A.

    Headlines - via Reuters

    Current US deficits 'pretty respectable' as share of GDP

    Banks did not lend as aggressively as the Fed expected

    Credit crisis a shock to confidence that is still holding back investment

    Says low productivity growth may be holding back real wage growth

    Believes falling unemployment will lead to higher inflation

    Says spending on infrastructure in US would be a good investment for the country
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