Fed's Fisher: stronger dollar good for U.S. jobs

http://ift.tt/eA8V8J Sharp gains in the U.S. dollar are good for the U.S. labor market, a top Federal Reserve official said on Friday, downplaying a crescendo of complaints from top executives over the dent to their profits. "CEOs that have international operations complain about it," Dallas Fed President Richard Fisher told Reuters in an interview. Fisher takes those complaints with a grain of salt. Fisher, who plans to retire from his post in March, holds views that are often far from those at the Fed's core.



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