Many Foreign Central Banks Implore Fed To Hike Rates: Fischer

By Greg RobbMarketWatch Pulse

Foreign central bankers are asking the U.S. central bank to hike interest rates, said Federal Reserve Vice Chairman Stanley Fischer on Friday. During an interview on CNN International, Fischer said overseas events do matter for the U.S. economy. The fact that 13 of 17 Fed officials see a rate hike this year represents the "underlying thinking" at the Fed, he said.

Copyright © 2015 MarketWatch, Inc.

Continue Reading Below