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3 Mar 2017
Fed's Fischer: Unclear form of future U.S. fiscal policies; 'we are not jumping to conclusions'
Fed's Vicechair Stanley Fischer is on the wires, via Reuters, suggesting there has been a conscience Fed effort to move market expectations on possible rate hike.
Key headlines (via Reuters):
- Cites recent 'animal spirits', good economic data
- Unclear form of future U.S. fiscal policies; 'we are not jumping to conclusions'
- There has been 'substantial change' in aggregate demand in economy
- Strongly supports recent message from colleagues at Fed