WASHINGTON (MarketWatch)– The Federal Reserve should continue to steadily reduce the size of its monthly purchases by $10 billion per meeting, said Richard Fisher, president of the Dallas Federal Reserve Bank, on Monday. “I am very happy in doing this in measured steps,” Fisher said in an interview on the Fox Business Network. “The gas tank is full, there is no need to keep adding to it,” he said. Fisher said that business leaders are much more positive about the economic outlook than they were before. He repeated that the major factors holding down the economy were uncertainty about future tax and spending policies and worries about regulatory overload. Fisher is a voting member of the Fed’s policy committee this year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
AMAZON PRIME INSTANT VIDEO:
Instantly watch unlimited TV episodes & movies. Watch as much as you want, any time you want, with Amazon Prime Instant Video.
START YOUR 30 DAY FREE TRIAL HERE: http://amzn.to/1dcGUec
Enjoy unlimited instant streaming of thousands of movies and TV shows. Watch anywhere, anytime.
from MarketWatch.com – MarketPulse http://ift.tt/OtPAHI
from Market News Collection http://ift.tt/1cHWd1t
No comments:
Post a Comment