Fed's Fisher: 'Taper' bond buys

Investor's Business Daily
March 2013
Investors Business Daily;3/27/2013, pA02
Dallas Fed Pres. Richard Fisher again urged the central bank to begin the "tapering of asset purchases" but not go "cold turkey overnight." He said continued quantitative easing is having less impact, and noted the U.S. economy had improved. Fisher has been in the minority at the Fed. Chairman Ben Bernanke last week hinted at a willingness to scale back bond buys, but gave no hints of a near-term move.


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