Tuesday, 20 December 2016 13:48

Recap: Hawkish Chatter

Yellen's second-in-control, Fed Vice-Chair Stanley Fischer, said that swelling and the work market were close hitting the national bank's goals, proposing that it could raise rates at the accompanying meeting of the Federal Open Market Committee (FOMC) from September 20 to 21. Fischer did not particularly address the probability of a climb, in any case.

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