Fed's Fischer: downshift in potential means 'not that simple' to raise rates

NEW YORK (Reuters) - The U.S. economy may face longer and deeper recessions in the future if interest rates remain stuck at current low levels, Fed Vice Chair Stanley Fischer said on Monday as he mapped out a world in which low growth hamstrings central banks from effective recession-fighting.

Fed's Fischer: downshift in potential means 'not that simple' to raise rates
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