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Fed's Fischer Says Two More 2017 Rate Hikes Seem About Right

  • Waiting for fiscal outcomes right thing to do, vice chair says
  • Governor Powell says ‘appropriate’ to gradually raise rates


Updated on

Federal Reserve Vice Chairman Stanley Fischer said the Federal Open Market Committee’s median estimate for two more rate hikes this year “seems about right.”

“That’s my forecast as well,” Fischer said in an interview with CNBC on Tuesday.