Fischer Says Odds Greatest for Rate Rise in June, September
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Federal Reserve Vice Chairman Stanley Fischer said on Friday the central bank looked most likely to raise interest rates in June or September, although economic developments might warrant different timing for liftoff.
“I don’t think there is an emphasis on June instead of September” Fischer told a monetary policy forum in New York. He added that judged by the views of Fed officials and investors “it seems those two months get the main weight of probability.”