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Home>Fed's Fischer Sees Short-Term Rate at 3.25%-4% in Three to Four Years

Fed's Fischer Sees Short-Term Rate at 3.25%-4% in Three to Four Years

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Tue, 26 May 2015

By Joshua Mitnick HERZLIYA, IsraelFederal Reserve Vice Chairman Stanley Fischer said Monday the central bank expects to follow a "gradual and relatively slow" trajectory of short-term interest-rate increases over the next three to four years to bring borrowing costs back to "normal" levels. Mr.
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