Economy

Federal Reserve’s Stanley Fischer concerned about changing globalization

By Joseph Lawler
Published March 28, 2017 6:16pm ET
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Federal Reserve’s Stanley Fischer concerned about changing globalization
The economic integration that occurred after World War II has worked well, Fed's No. 2 official said. (AP Photo/Susan Walsh, File) | Susan Walsh

Stanley Fischer, the No. 2 official at the Federal Reserve, expressed concern Tuesday about the possibility that the Trump administration could pursue protectionist policies that challenge the model of global economic integration.

“I’d be concerned if that basic model is overturned,” the Fed vice chairman said in an interview on CNBC.

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