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Friday, January 03, 2014

Fed's Fisher: My FOMC Vote Will Reflect Concerns on Bond Buying

http://www.moneynews.com/StreetTalk/federal-reserve-richard-fisher-tinder-inflation/2013/12/30/id/544474?ns_mail_uid=14578862&ns_mail_job=1551647_01012014&promo_code=16162-1

Dallas Federal Reserve Bank President Richard Fisher said his votes on the central bank's policy panel in 2014 will reflect his concern that the Fed's bond-buying tactics will stoke inflation and expose the institution politically. In an interview conducted on Dec. 2 but posted to the Internet as a podcast on Monday, Fisher called the excess reserves piling up in the U.S. banking system under outgoing Fed Chairman Ben Bernanke potential "tinder" for inflation. ''

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