Showing posts with label Richard Fisher. Show all posts
Showing posts with label Richard Fisher. Show all posts

Sunday, October 12, 2014

Fed should reconsider 'considerable time' vow on rates: Fisher

(Reuters) - The Federal Reserve should rethink its forward guidance, potentially ditching its promise to keep interest rates near zero for a "considerable time" after it ends its bond-buying stimulus, a top Federal Reserve official said on Friday "I feel it is time to reconsider 'considerable time,'" Dallas Fed President Richard Fisher told reporters after a speech here.