Fed On Track For Earlier Rate Rise, Fisher Says

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Fed On Track For Earlier Rate Rise, Fisher Says

by Wochit 0:45 mins

Fed On Track For Earlier Rate Rise, Fisher Says

by Wochit 0:45 mins

A top Federal Reserve official known for his hawkish policy views said Tuesday the Fed is on track for an earlier rate rise than he and his colleagues had forecast just a few months ago. Dallas Federal Reserve Bank President Richard Fisher told Fox Business Network "I think the committee, as I listen to them and I can only speak for myself around that table during two days of discussion, is coming in my direction, so I didn’t feel the need to dissent. Fisher said that if his colleagues do not continue to move in the direction of tightening monetary policy that he will dissent.

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