Fed’s Fisher says gradual rate rises won’t ‘brake’ U.S. economy

The U.S. economy is ‘in a pretty good place,’ Dallas Federal Reserve Bank President Richard Fisher said on Wednesday, adding that he believes it will soon be ready for gradual interest rate increases but stopping short of saying when. “I don’t think it would be much of a brake on the economy if w…

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Fed’s Fisher says gradual rate rises won’t ‘brake’ U.S. economy