- Federal Reserve Vice Chairman Stanley Fischer: Economic recovery has been “disappointing”
Market news
11 August 2014
Federal Reserve Vice Chairman Stanley Fischer: Economic recovery has been “disappointing”
Federal Reserve Vice Chairman Stanley Fischer said at Swedish Finance Ministry conference on Monday:
- Economic recovery in the US and in other countries has been "disappointing" and could have a permanent negative impact on economic growth;
- The decrease in the labour force largely reflects demographic factors;
- Quantitative easing program has been "largely successful".
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