Keep the Fed away from politics: Dallas’s Fisher
Allowing the Federal Reserve to become politicised would cause its ruin, Richard Fisher, the president of the Dallas Federal Reserve, told a gathering of businessmen in Texas.
In a speech on 12 January, Fisher told the Waco business league that bills in the US Congress that would place the Fed under the direct command of fiscal authorities were seeking to make a scapegoat out of the central bank. "Both Republicans and Democrats, eager to come up with solutions in desperate times, appear to me to
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