Two Regional Fed Chiefs Doubt Central Bank Would Raise Rates Twice This Year

The Wall Street Journal (online registration required): JACKSON HOLE, Wyo.—Two Fed officials have played down the likelihood of two rate increases this year beginning as soon as next month, after the U.S. central bank’s second-in-command floated the idea on the sidelines of the Kansas City Fed’s research conference.

Vice Chairman Stanley Fischer told CNBC on Friday that Fed Chairwoman Janet Yellen’s Jackson Hole speech, in which she said the case for a rate increase has strengthened,...

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