Fisher comfortable with current Fed policy

Federal Reserve Bank of Dallas president Richard Fisher said on Monday 20 November he was happy with the current policy stance of the U.S. central bank.

"I'm comfortable presently with where we are ... as an individual speaking as one member of the (Federal) Open Market Committee," Fisher told reporters after addressing the American Academy Berlin Economic Policy Forum.

"I'm encouraged personally that we saw movement in the right direction. If it doesn't continue or inflationary pressures remai

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