Federal Reserve Vice-Chairman Stanley Fischer in New York
– No evidence of heightened risks to financial stability at the moment
– ‘Reach for yield’ threatens financial stability
There isn’t anything here that truly touches on current monetary policy. There’s no word on whether he will take audience or media questions.
Fed’s Fischer: ‘Not that simple’ for FOMC to influence short and long-term rates
ByAdam Button
Oct 17, 2016