The Traderszone Network

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

‘Good reason to believe’ inflation will rise: Fed’s Fischer

U.S. inflation will likely rebound as pressure from the dollar and other factors fade, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday. “Given the apparent stability of inflation expectations, there is good reason to believe that inflation will move higher as the forces holding down inflation dissipate further,” he told a central bankers’ conference in Jackson Hole, Wyoming.

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