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Top Federal Reserve Official Says US Money Policy is “Just About Right”

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According to what a top US Federal Reserve official said on Tuesday, growth in the US economy is going to pick up in the next quarter.  According to the same official, quicker growth doesn’t make a tighter policy for money necessary.
The federal official who made the comments was Richard Fisher, who is the president and CEO of the Federal Reserve Bank of Dallas.  He also said that the US is “just about right” with it’s current monetary policy.

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According to what a top US Federal Reserve official said on Tuesday, growth in the US economy is going to pick up in the next quarter.  According to the same official, quicker growth doesn’t make a tighter policy for money necessary.

The federal official who made the comments was Richard Fisher, who is the president and CEO of the Federal Reserve Bank of Dallas.  He also said that the US is “just about right” with its current monetary policy.

Read the full article here:

UPDATE 1-Fed’s Fisher-US monetary policy ‘just about right’

Top Federal Reserve Official Says US Money Policy is "Just About Right" by
Authored by: Harrison Barnes