Fed's Fisher lambasts QE2


Richard Fisher, the president of the Dallas Federal Reserve, on Monday attacked the Federal Open Market Committee's (FOMC) decision to buy an additional $600 billion-worth of Treasury bonds by next June, saying the purchases will do little to create jobs and much to spur financial speculation at the expense of poor Americans.

"There are some green shoots beginning to emerge in a landscape still pocked-marked by brown spots. General economic conditions are improving slightly and are expected to c

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