Tag "fischer"


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Fed’s Fischer Happy with Labor Market Performance

Fed’s Fischer Happy with Labor Market Performance

🕔November 5, 2016

The labor market continues to recover robustly despite a variety of negative shocks and now verges on full employment, Federal Reserve Vice Chairman Stanley Fischer said on Friday, just hours after the October jobs report showed the U.S. economy added 161,000 payroll jobs in the month.…

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Fischer Pleased by US Employment Data

Fischer Pleased by US Employment Data

🕔October 7, 2016

Stanley Fischer, an economist and the vice chair of the US Federal Reserve stated on Wednesday that that policy makers should be concerned about the apparent “sizable decline” in the so-called natural rate of interest in recent years, which could make the economy more vulnerable to adverse shocks that render traditional monetary policy ineffective.…

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Fischer Acknowledges the Connection between Wages and Low Interest Rates

Fischer Acknowledges the Connection between Wages and Low Interest Rates

🕔September 28, 2016

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Stanley Fischer, the Federal Reserve Vice Chairman said that low interest rates have helped the US economy raise its labor market gains which are in turn being supported by higher wages.

“With unemployment now below 5 percent we’re beginning to see the fruits of a higher-pressure labor market,” Fischer said Tuesday in response to questions following a speech at Howard University in Washington.…

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Fischer’s Fed Comments Raise Hope for the USD

Fischer’s Fed Comments Raise Hope for the USD

🕔August 22, 2016

Major uptick perceptions are being shown by one of the Fed’s top policy makers who has recently revealed that the Federal Reserve is on the verge of meeting both its targets for the US Economy. Stanley Fischer, the vice-chairman of the Federal Reserve’s Board of Governors, stated that core inflation was now within “hailing distance” of the central bank’s target of 2%, with employment in the US also rising “impressively” since its struggle in 2010.…

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