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Sunday, 28 September 2014

Fed hawk Fisher says U.S. risks falling behind curve on inflation

Richard Fisher, president of the Federal Reserve Bank of Dallas,speaks during at luncheon in Hong Kong WASHINGTON (Reuters) - Richard Fisher, president of the Dallas Federal Reserve Bank, said the United States risks falling behind the curve on inflation as wage pressure starts to bubble in some parts of the country. "I think we could suddenly get a patch of high growth, see some wage price inflation," Fisher said on the Fox news program Sunday Morning Futures with Maria Bartiromo. "I'm not worried about it yet, but I've seen it in my own federal reserve district and I think it could happen to the nation as a whole." Fisher said the U.S. ...








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