The Traderszone Network

Published in TZ Latest News 29 August, 2015 by The TZ Newswire Staff

Fed’s Fischer sees inflation rebound, allowing gradual rate hikes

U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday in a speech careful not to overreact to a possible Chinese slowdown. The influential U.S. central banker was circumspect whether he would prefer to raise rates from near zero at a much-anticipated policy meeting on Sept. 16-17.

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