Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Fisher: Fed's bond-buying program could spark eventual inflation

April 10, 2013 9:05 PM
152 0
Fisher: Fed's bond-buying program could spark eventual inflation

EL PASO, Tex. (Reuters) - The Federal Reserve's massive bond-buying program could spark unwanted inflation unless the U.S. central bank is dexterous in how it pares back easing, a top Fed official who has long opposed the purchases warned on Wednesday.

While so far there are no signs of budding U.S. inflation, the longer term inflationary consequences of the bond purchases "are as yet unclear," Richard Fisher, president of the Federal Reserve Bank of Dallas, said in remarks prepared for delivery at the University of Texas at El Paso.

Read more

Share in social networks:

Comments - 0