Fed's Fischer: Depreciating dollar 'is of some help' to U.S. economy

Fed's Vice Chairman Stanley Fischer is hitting the wires, via Reuters, arguing that the depreciating dollar is helping the U.S. economy.

Key quotes (via Reuters):

  • Seeing positive changes through much of world economy
  • Two more rate hikes in 2017 still seems appropriate
  • Bond portfolio run-off will have effect on economy
  • France exit from EU 'would be a very big thing'
  • We would not take trump's statement on dollar into account in making policy
  • Asked about dodd-frank rollback plans, warns we seem to have forgotten about financial crisis
  • Very dangerous to remove key protections enacted in wake of financial crisis