Fischer: Case is 'Quite Strong' for Raising Rates Gradually

Market news

11 November 2016

Fischer: Case is 'Quite Strong' for Raising Rates Gradually

"In my view, the Fed appears reasonably close to achieving both the inflation and employment components of its mandate," Mr. Fischer said in remarks prepared for delivery at a conference hosted by the Central Bank of Chile. "Accordingly, the case for removing accommodation gradually is quite strong, keeping in mind that the future is uncertain and that monetary policy is not on a preset course."

Morgan Stanley Advises Buy USD/CHF, Targets 1.02

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