Fisher: Fed has its finger on taper trigger


Richard Fisher, the Federal Reserve Bank of Dallas president, believes his colleagues on the Federal Open Market Committee (FOMC) are more resolved to taper the Fed's $85 billion of monthly asset purchases before the year is out.

US unemployment fell to 7.4% in July, down from 7.6% in June, as the economy added 162,000 new jobs. Fisher believes this has tipped the committee members in favour of tapering.

"I would say that the committee is now closer to execution mode, pondering the right time to

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: