Investing.com – Federal Reserve (Fed) vice chairman Stanley Fischer said in an interview on Friday that it was still too soon to evaluate the impact of the Brexit, as the U.K.’s decision to leave the European Union (EU) was known.
However, along much the same lines as St. Louis Fed president James Bullard, Fischer suggested that the impact was probably much smaller than for others.
He told CNBC that the Fed would have a better idea of economic conditions by the July meeting and that the economy was the Fed’s number one priority.
Fischer noted that his outlook continued to be for a gradual improvement in the economy and insisted that most of the data since the May payrolls report was looking good.