Comment on The Wall Street Journal: Fed’s Fischer sees short-term rate at 3.25%-4% in three to four years

The Wall Street Journal: Fed’s Fischer sees short-term rate at 3.25%-4% in three to four years

Fed Vice Chairman Stanley Fischer said observers focus too much on when the Fed will start raising its benchmark short-term rate from near zero, and instead should think more about where interest rates are headed over time.

 

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