Vice chair of the Federal Reserve Stanley Fischer speaking to the National Economists Club annual dinner

Headlines via Reuters :

  • Warns actions that would compromise monetary policy independence would be dangerous
  • Says anchoring of inflation expectations is due to continued credibility of Federal Reserve independence from political interference
  • Says Fed requires operational freedom to pursue its mandate

No specific comment on monetary policy or economic outlook in prepared remarks

-

Overnight it was wall-to-wall Yellen, she had much to say on monetary policy & the economic outlook:

  • Yellen doesn't see need for negative rates now
  • Yellen sees balanced risks to US growth
  • Yellen says China is flogging Treasuries to prop up its currency
  • Yellen's adds 8 percentage points onto Dec rate hike probability
  • Yellen on the economy: December would be a live meeting, if data supports move
  • OK...the Fed chair said December was "Live". What's so new about that?