Economics
Fischer Says Fed Must Wait and See Brexit Impact on U.S.
- Incoming U.S. economic data ‘look good,’ Fischer says on CNBC
- Fed’s Mester says it’s too early to tell what Brexit means
Parker: Fed's Next Move to Raise, Not Lower Rates
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U.S. central bankers will take time to judge whether the U.K. vote to leave the European Union affects the outlook for the U.S. economy, said Federal Reserve Vice Chairman Stanley Fischer.
“We are going to have to wait and see,” Fischer said Friday in an interview on CNBC television. “It clearly is a huge event for the U.K. and it’s an important event for Europe.”