Fed's Fisher lambasts QE2

fisher

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

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: