May
27
Fischer Says Fed May Slow Rate Rises If World Growth Falters
ByFederal Reserve Vice Chairman Stanley Fischer said policy makers will consider global growth as they begin to raise interest rates, and that they could increase borrowing costs more gradually should the world economy falter.
“If foreign growth is weaker than anticipated, the consequences for the U.S. economy could lead the Fed to remove accommodation more slowly than otherwise,” Fischer said in a speech Tuesday at Tel Aviv University. His prepared comments were similar toremarks he delivered in October…
Fischer Says Fed May Slow Rate Rises If World Growth Falters
