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Is Fischer 'Stan the Man' or the 'Odd Stan Out' on Rate Hikes?

The Fed's #2 drove price action on Friday.
Bloomberg business news

Fed's Fischer: I Don’t Think You Can Say 'One and Done'

At Jackson Hole, Stan was the man.

Federal Reserve Chair Janet Yellen's long-awaited speech on Friday was interpreted by the markets as somewhat dovish on future interest rate hikes, with five-year real yields lower after investors digested her commentary. But shortly thereafter, Vice Chair Stanley Fischer indicated in his own remarks that a potential interest rate increase in September and a total of two hikes in 2016 were consistent with Yellen's published remarks, which helped fuel a sell-off in Treasuries.