• Federal Reserve Vice Chairman Stanley Fischer: if inflation declines in the U.S. declines, the Fed could delay its interest rate hike

Market news

2 December 2014

Federal Reserve Vice Chairman Stanley Fischer: if inflation declines in the U.S. declines, the Fed could delay its interest rate hike

The Federal Reserve Vice Chairman Stanley Fischer said at a forum in Washington on Tuesday that the Fed could delay its interest rate hike if inflation declines. He added that interest rate hike would be driven by the economic data.

The Fed' interest rate is at record low at 0.00% - 0.25% since the end of 2008. Analysts expects the first interest rate in the second half of next year.

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