Fischer Says Inflation Won’t Return Without Stronger Growth
By Jeff Kearns -
2012-04-18T18:36:35Z
Bank of Israel Governor Stanley Fischer said inflation won’t significantly accelerate until economic growth picks up and the jobless rate declines.
“Serious inflation is not likely to return until aggregate demand strengthens and unemployment rates come down,” Fischer said in a speech today at the International Monetary Fund in Washington. He didn’t refer in his comment to a particular country.
To contact the reporter on this story: Jeff Kearns in Washington at jkearns3@bloomberg.net
To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net
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