These remarks were part of a speech given by the head of the Dallas Federal Reserve Bank, Richard Fisher, to the Commonwealth Club of California: “...tonight I speak for neither the committee, nor the chairman, nor any of the other good people that serve the Federal Reserve System. I speak solely in my own capacity. I want to speak to you tonight about an economic problem that we must soon confront or else risk losing our primacy as the world’s most powerful and dynamic economy.
Rare Candor from a Fed Official
Rare Candor from a Fed Official
Rare Candor from a Fed Official
These remarks were part of a speech given by the head of the Dallas Federal Reserve Bank, Richard Fisher, to the Commonwealth Club of California: “...tonight I speak for neither the committee, nor the chairman, nor any of the other good people that serve the Federal Reserve System. I speak solely in my own capacity. I want to speak to you tonight about an economic problem that we must soon confront or else risk losing our primacy as the world’s most powerful and dynamic economy.