Dallas Fed's Fisher on globalization and Texas

In the speech 'Globalization and Texas' given on 19 October Richard Fisher of the Federal Reserve Bank of Dallas said he remains an inflation hawk and will continue to push for policy that keeps inflation expectations in check.

"I will not waver from advocating policy that discourages expectations of higher core inflation. The object will always be to keep inflation at bay, so that the American business machine can keep on humming," Fisher said in the speech at a luncheon speech in Houston.

"I

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