Fisher Says Fed Has ‘Done Enough’ to Spur Growth

Discussion in 'Economics' started by ASusilovic, Jul 7, 2010.

  1. Federal Reserve Bank of Dallas President Richard Fisher said that while the economy is slowing, there’s little risk it will sink back into a recession and policy makers have “done enough” to spur growth.

    “I don’t think we’re going to go backwards,” Fisher said in an interview with CNBC today. “I think we’ve done enough,” Fisher said. “We ought to be very careful about not going too far. Interest rates are zero. It’s not the cost of money that’s the issue.”

    Simply true.