Fed's Departing Vice Chair On Stocks, The Federal Debt And Transparency
Stanley Fischer says that despite record highs in the stock market — boosted by the Fed's low interest rates — he doesn't see a bubble. But he says the U.S. debt could be a problem if rates go up.
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Stanley Fischer says that despite record highs in the stock market — boosted by the Fed's low interest rates — he doesn't see a bubble. But he says the U.S. debt could be a problem if rates go up.