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Fed's Fisher: QE3 taper should continue, end in fall

By Ann Saphir AUSTIN (Reuters) - The Federal Reserve will continue to trim its massive bond-buying program and end it this fall, a top Fed official predicted on Wednesday, adding that interest rates will stay near zero until at least then and probably some time beyond. "I cannot foresee any reason to not continue to reduce it to zero," Dallas Federal Reserve Bank President Richard Fisher told reporters after an event.

Fed's Fisher: forward guidance should not be binding

By Michael Flaherty HONG KONG (Reuters) - The U.S. Federal Reserve must avoid being locked into calendar-based policy commitments and instead ensure its forward guidance is flexible enough to allow it to respond to changing conditions, a top Fed official said in Hong Kong on Friday. Dallas Federal Reserve Bank President Richard Fisher said he worried that predictable commitments were unsound policy as they could lead to false complacency and market instability.

Rate rise only when Fed certain U.S. recovery well under way: Fisher

By Jonathan Spicer NEW YORK (Reuters) - The Federal Reserve will keep interest rates near zero until it is confident the U.S. economic recovery has taken hold, a top Fed policymaker said in an interview on Tuesday, reinforcing the central bank's view that there would be a "considerable time" between the end of bond-buying and a move to tighten policy. "We will hold the base rate at a low range until we're certain the recovery is well under way," Richard Fisher, president of the Federal Reserve Bank of Dallas, told Reuters.

Fed's Fisher lauds study as call for action on too-big banks

By Jonathan Spicer NEW YORK (Reuters) - A fresh Federal Reserve study highlights the inability of U.S. law to protect Americans from underwriting the risky activities of "too-big-to-fail" banks, a top Fed policymaker said on Tuesday. Dallas Fed President Richard Fisher, who has long warned of the economic risks posed by massive banks, said in an interview the series of papers by New York Fed economists shows "it is improper to ask the taxpayer to underwrite the non-commercial banking operations of a complex bank holding company."

Fisher warns Fed's bond buying could be distorting U.S. financial markets

MEXICO CITY (Reuters) - A U.S. Federal Reserve policymaker who has long criticized its bond-buying stimulus said on Wednesday the program has lasted too long, and there are signs it is now distorting financial markets and encouraging risk-taking. In a speech in Mexico City, Dallas Fed President Richard Fisher amplified some lingering concerns that the central bank's policy stimulus is stoking asset-price bubbles that "may result in tears" for investors acting on bad incentives.

Fed's Fisher - accommodative monetary policy 'risks creating risks'

FRANKFURT (Reuters) - Prolonged accommodative monetary policy "has the risk of creating risks", Dallas Federal Reserve Bank President Richard Fisher said on Thursday. "We have to be mindful of that," he added at a conference in Frankfurt. Earlier, Fisher said he would like the U.S. central bank to continue with its current pace of scaling back its monthly bond-buying stimulus by $10 billion at each policy meeting. (Writing by Paul Carrel)

Fed's Fisher says happy with pace of QE withdrawal

FRANKFURT (Reuters) - Dallas Federal Reserve Bank President Richard Fisher said on Thursday he would like the U.S. central bank to continue with its current pace of scaling back its monthly bond-buying stimulus by $10 billion at each policy meeting. If the U.S. economy was picking up more significantly, Fisher said he "of course might be in favor of further reduction", but even if he did support such a step, he said he knew he "wouldn't win the argument".

Fed's Fisher says happy with pace of QE withdrawal

FRANKFURT (Reuters) - Dallas Federal Reserve Bank President Richard Fisher said on Thursday he would like the U.S. central bank to continue with its current pace of scaling back its monthly bond-buying stimulus by $10 billion at each policy meeting. If the U.S. economy was picking up more significantly, Fisher said he "of course might be in favor of further reduction", but even if he did support such a step, he said he knew he "wouldn't win the argument".

Fed's Fisher says he will push for more cuts to bond buys

DALLAS (Reuters) - Dallas Federal Reserve Bank President Richard Fisher said Tuesday he wants to send markets a signal: the Fed, he said, will continue to cut its bond-buying program, as it began to last year. "My objective," Fisher said after a speech here, is to reduce the Fed's bond-buying program, now at $75 billion a month, "to zero." How fast that is done, he said, is up to the Fed's policy-setting committee. (Reporting by Ann Saphir; Editing by Chizu Nomiyama)

Fed's Fisher says his FOMC vote will reflect concerns on bond buying

WASHINGTON (Reuters) - Dallas Federal Reserve Bank President Richard Fisher said his votes on the central bank's policy panel in 2014 will reflect his concern that the Fed's bond-buying risks stoking inflation and exposing the institution politically.
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