WASHINGTON (MarketWatch)
Dallas Federal Reserve Bank President Richard Fisher
said Monday that he would oppose any more quantitative easing through asset
purchases
"I am not in favor of doing more," Fisher said in an interview on
Bloomberg television
He said the central bank "may have painted itself into a
little bit of corner" by making it harder to exit from its accommodative policy
Fisher noted that he was against all rounds of asset purchases
In his press
conference last week, Fed Chairman Ben Bernanke said the option of further asset
purchases remained on the table
At the moment, Fed watchers believe that
Bernanke would only engineer more quantitative easing if the economy slows
unexpectedly
Fisher will not be a voting member of the Federal Open Market
Committee until 2014
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