Dallas Fed's Fisher on risk

In the speech 'Risk is a many splendored thing: Lessons learned' given on 4 April Richard Fisher of the Federal Reserve Bank of Dallas said growing troubles in the market for risky mortgages do not appear to be spreading to the overall economy, but policymakers at the Federal Reserve are watching the situation very closely.

"The main concern for policymakers is the potential for excessive risk taking to result in systemic problems," said Dallas Fed President Richard Fisher.

"So far, that has not

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