Fischer: Soon we will see inflation

The current path of low inflation in the US will not last long, according to Fed Vice President Stanley Fischer.
He still believes we will see higher inflation, Fischer said in an interview with Bloomberg TV.
The fall in unemployment will lead to an increase in wages at one point, and that is to inflation behind, Fischer said.
Fisher's comments are in line with statements by Janet Yelan, who recently said that she expects inflation to gradually rise over time.
Some Fed officials want to first see signs of returning inflation to target 2% before continuing the policy of raising interest rates.
Fischer said he welcomed the gradual rise in Fed interest rates since 2015.
Currently, the level of short-term US interest rates is between 1 and 1.25%. Inflation measured through personal consumption is at a level of 1.3% on an annual basis.