25-April-2024
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Economy News
 
Fed's Fischer says US job market 'very close' to full strength
31-Aug-2016

The U.S. job market is nearly at full strength and the pace of interest rate increases by the Federal Reserve will depend on how well the economy is doing, Fed Vice Chairman Stanley Fischer said on Tuesday.In an interview with Bloomberg TV, Fischer did not comment on the timing of the next Fed rate hike but said "we choose the pace on basis of data," and that U.S. "employment is very close to full employment."

News Source:- http://www.cnbc.com/2016/08/30/feds-fischer-says-us-job-market-very-close-to-full-strength.html
 
 
 
 
 

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