Feds Stanley Fischer speaks on inflation panel at IMF in Washington at 3 PM ET

ECBs Praet will also participate on that panel. Also on the panel will be David Lipton, director of IMF in 2011 and Takatoshi Ito, international economist.

The WSJ Hilsenrath will be moderating the panel.

The official title of the panel discusssion is:

" The elusive pursuit of inflation" ...Discuss

Earlier today, Fischer did say on CNBC this morning that there are "More signs every day that wage pressures are rising"

He also added:

  • Some signs of inflation heading toward 2% level
  • Rate rises will depend on how economy develops
  • Global growth was uneven

He kept all his options open.