Fisher on confessions of a data dependent

In the speech 'Confessions of a data dependent' given on 2 November Richard Fisher of the Federal Reserve Bank of Dallas warned that inflation in the United States was still too high, though he recognized the worst could have passed.

Fisher told a group of New York economists in the speech he was still worried that consumer prices were still too high for his liking.

``It is possible that the trend in overall consumer inflation has peaked and is finally heading lower,'' he said in a speech to the

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