Listen to this article


Federal Reserve vice chair Stanley Fischer said on Tuesday that two more rate rises in 2017, following the increase earlier this month, would be “about right”.

Mr Fischer said in an interview on CNBC, the television network, that the Fed is also watching fiscal policy “very closely”, but that taking a wait-see-approach on how government policy will affect the economic outlook is “the sensible thing to do”.

Copyright The Financial Times Limited 2017. All rights reserved.

Follow the topics mentioned in this article

Follow the authors of this article

Comments have not been enabled for this article.