Richard Fisher, the president of the Dallas Federal Reserve Bank, said Wednesday that he is "not uncomfortable" with the current low level of inflation in the United States, according to news reports. In a speech in Austin, Fisher said he will not vote for any policy to lift inflation beyond the Fed's 2% annual inflation target, according to Reuters. Fisher also said the economy was recovering after a harsh winter. Fisher is a voting member of the Fed's policy committee this year.
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