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Fed's Fischer: We don't want to damage rest of the world economy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Córdoba) - FOMC vice-chair Stanley Fischer was speaking on CNN Friday. Below the main remarks, via Reuters:

    *Minutes showed 13 of 17 Fed officials saw rates increasing in 2015
    *Many foreign central bankers tell us 'please do it’
    *Global developments weigh more on fed than in past
    *We need to be confident that inflation will return to 2%

    Earlier, another FOMC member, Charles Evans, said that first rate hike mid-2016 is consistent with hitting inflation mandate of 2%.
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