Dallas Fed chairman says no inflation risk

Source: Internet
Author: User
Keywords Said inflation the central bank
"There is no sign of inflation risk in the United States," said Richard Fisher, president of the Dallas Federal Reserve, on the evening News of May 25, Beijing time. "I don't think there is a risk of inflation right now," Fisher said in an interview published in Monday by the Wall Street Journal. Rising prices are shrinking schools of energy, food and tobacco, and we now face mild deflation.  "Fisher is considered the most famous inflation hardliners in the Fed, but he stressed that the US plan to buy huge amounts of debt to help the country out of recession should be reversed. Fisher also said the central bank must resolutely resist the demands of politicians for a bigger fiscal stimulus.
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