Fed's Fischer: Fed has identified a few areas of concern regarding financial stability
October 09, 2014 at 11:58 AM EDT
This is a breaking news story. During a Senate hearing earlier this year, Fischer broadly endorsed the Fed's current direction, and indicated he felt there was still ample room-as Fed Chair Janet Yellen has suggested-to maintain loose monetary policy to boost employment. Fischer headed the Bank of Israel for eight years and was credited with guiding the...