Dallas Fed's Fisher: a wrap-up of the economy

In the speech 'A year-end wrap-up of the economy and a peek ahead' given on 19 December Richard Fisher of the Federal Reserve Bank of Dallas said rising inflation is a greater concern than a slowing economy and monetary policymakers may be forced to raise interest rates further to stave off higher prices.

"I would have to say that the risk of unacceptably high inflation still outweighs the risk of substandard economic growth," Dallas Fed President Richard Fisher said in the speech to the Longview

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