Fisher hints at new anti-inflation tools for Fed

Richard Fisher, the president of the Dallas Federal Reserve, gave the clearest signal yet that the central bank will soon be handed new tools to counter the inflationary impact of its crisis-fighting measures.

The Fed has more than doubled the size of its balance sheet from $856 billion to $2.1 trillion since the crisis began in August 2007; the result of various attempts to abate a collapse of the financial system. Most in the economic community have welcomed the actions, viewing them as nece