The Federal Reserve is concerned about low inflation and won't move before it sees inflation returning to more normal levels, said Stanley Fischer, the vice chairman of the U.S. central bank, in a television interview Monday. "The interesting situation in which we are is that employment has been rising pretty fast relative to previous performance and yet inflation is very low. And the concern about the situation is not to move before we see inflation as well as employment returning to more normal levels," he said. If the Fed were focused solely on inflation, it would have to try to be more accommodative, if that was ... (full story)