Dallas Fed’s Fisher criticises FOMC decision

fisher

Richard Fisher was staunchly opposed to the decision to maintain the Federal Reserve's asset purchases at $85 billion a month, he revealed last night.

Fisher, the Federal Reserve Bank of Dallas president and a non-voting member of the Federal Open Market Committee, told an audience in San Antonio that he had supported a reduction in the pace of asset purchases.

Fisher warned his fellow committee members at the time that "doing nothing… would increase uncertainty about the future conduct of

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