Fischer Sworn In As Member Of U.S. Federal Reserve's Board

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Fischer Sworn In As Member Of U.S. Federal Reserve's Board

by Wochit 0:31 mins

Fischer Sworn In As Member Of U.S. Federal Reserve's Board

by Wochit 0:31 mins

Former Bank of Israel Governor Stanley Fischer was sworn in as a member of the Federal Reserve's board on Wednesday, buttressing the U.S. central bank's depleted policymaking ranks as officials map out plans to exit from their extraordinary stimulus. Fischer's arrival will ensure the normally seven-person board - the nucleus of U.S. monetary policymaking - does not slip below four.

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