Fed's Fischer sees inflation rebound, allowing gradual rate hikes

Last Updated: Sunday, August 30, 2015, 09:17

US inflation will likely rebound as pressure from the dollar fades, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday in a speech careful not to overreact to a possible Chinese slowdown.

The Fed won`t wait for 2% inflation to raise rates: Fischer

Last Updated: Saturday, August 29, 2015, 22:26

Federal Reserve Vice Chairman Stanley Fischer warned Saturday that the US central bank will not wait for inflation to hit two percent before raising interest rates.

Fed says rate hike next month hinges on market volatility

Last Updated: Saturday, August 29, 2015, 03:36

The US Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening.

Dollar slips vs. euro as Fed officials talk rate hike

Last Updated: Tuesday, August 11, 2015, 05:23

The dollar fell against the euro Monday as Federal Reserve officials` comments raised questions about the timing of the central bank`s plan to raise its key interest rate this year.

Fed welcomes energy drop, shrugs off disinflation threat

Last Updated: Tuesday, December 2, 2014, 05:16

The Federal Reserve is welcoming the sharp drop in global energy prices, with two influential policymakers on Monday cheering the boost it should provide American pocketbooks and shrugging off any pressure on already low inflation.

Obama picks Stanley Fischer for Fed vice chair

Last Updated: Friday, January 10, 2014, 23:06

US President Barack Obama Friday nominated former Israeli central bank governor and renowned economist Stanley Fischer as vice chair of the Federal Reserve, completing a shakeup of the board`s leadership.

Obama to nominate Stanley Fischer as Fed vice chair

Last Updated: Friday, January 10, 2014, 22:09

President Barack Obama on Friday nominated former Israeli central bank governor and renowned financier Stanley Fischer as vice chair of the Federal Reserve, completing a shakeup of the board`s leadership.