More policy-related headlines from Fed’s Fischer

By FXStreet FXStreet (Bali) – More headlines from vice-chair of the Federal Reserve, Stanley Fischer, speaking at on incorporating financial stability into monetary policy, keep crossing the wires.

Headlines – Reuters

US economy weathering ‘reasonably well’ the strong dollar and foreign weakness

Expects PCE inflation to rebound to about 1.5% in 2016

Expects 2 pct core and overall inflation over medium term

Says was appropriate to delay rates liftoff to offset dollar rise

Notes that October FOMC said it may be appropriate to raise rates in December

Good reason to expect dollar drag on GDP well into 2016

Fed models show dollar will likely decrease core inflation by 0.25-0.5 percent in 2015

Strong dollar played appreciable role in keeping inflation well below target
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Source:: FX Street