Fed's Fisher Vows He Won't Support More Easing

Thursday, 17 Feb 2011 02:40 PM

 

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A leading Federal Reserve easy money skeptic Thursday vowed not to back any further Treasury bond buying when the current $600 billion program is complete and said there is evidence price pressures are building.

Dallas Fed President Richard Fisher said he would have voted against the easing effort had he been a voter when the program was launched in November 2010.

"I cannot foresee any circumstance at present that would lead me to support any further expansion of our initiative on that front," said Fisher, who is a voter on the Fed's policy-setting panel this year.

© 2014 Thomson/Reuters. All rights reserved.

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