Fed's Fisher sees reduction in inflation trends

President of the Dallas Federal Reserve Bank, Richard Fisher, said on Thursday 26 April that the US seems to be reducing inflationary fears but the proof is not there yet.

"I expect that we are seeing a reduction in inflationary trends and expectations. But I would like to see that verified," Fisher told a group of investment advisers in the Texas state capital.

"Declines in risk premia are ... understandable against the background of sustained, robust growth worldwide, the concomitant reductio