Name: Stanley Fischer

Summary: Fed's Fischer: Markets missing mark on future rates: "Federal Reserve Vice Chairman Stanley Fischer told CNBC on Wednesday the financial markets are underestimating the trajectory of future interest rates. "We watch what the market thinks, but we can't be led by what the market thinks," Fischer told CNBC's "Squawk Box." He added that market expectations of the number of future rate hikes are "too low." According to the December median predictions from central bankers, the Fed may increase rates four more times this year."

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: January 6, 2016

Publication Date: January 6, 2016

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