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发帖数: 644 | 1 WASHINGTON (MarketWatch) -- Richard Fisher, the president of the Dallas
Federal Reserve Bank, suggested Thursday that a second round of bond buying
by the central bank was not a foregone conclusion. "There is a great deal of
legitimate debate still to take place within the FOMC on the subject of
quantitative easing and the pros and cons and costs and benefits of further
monetary accommodation," Fisher said in a speech to the Economic Club of
Minnesota. Fisher said he personally is not convinced further asset
purchases would be a good idea. He said he was worried other central banks
would try to one-up the Fed with quantitative easing programs of their own,
triggering a beggar-thy-neighbor race something like competitive
devaluations. This would "end in tears," Fisher said. Fishing is a voting
member of the FOMC next year. |
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