- Analytics
- News and Tools
- Market News
- Federal Reserve Vice Chairman Stanley Fischer: the U.S. consumer demand rebounds and economic growth is improving
Federal Reserve Vice Chairman Stanley Fischer: the U.S. consumer demand rebounds and economic growth is improving
Federal Reserve Vice Chairman Stanley Fischer said on Tuesday that the U.S. consumer demand rebounds and economic growth is improving. But he did not mentioned the timing of interest rate hikes.
Fischer noted that the Fed's monetary policy will depend on the incoming economic data. He pointed out that inflation and employment data will determine the pace of interest rate hikes.
Fed vice chairman expects the U.S. economy to grow at an annual rate of about 2.5% in the second quarter.
The Fed is working to minimize the likelihood of surprises that could result after the release of the Fed's monetary policy, he said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
