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Speaking at an inflation conference at the Boston Federal Reserve, Richard Fisher of the Dallas Fed said he was not advocating an increase in interest rates even though he "drew the line" when the Fed funds target was at 3.50%. The financial turmoil was not a "storm", but a "spring shower" said Fisher...
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Speaking in San Francisco on Thursday, Dallas Fed President Richard Fisher said he expects " a change of course in monetary policy to occur sooner rather than later, even in the face of an anemic economic scenario." "I would expect a change of course in monetary policy to occur sooner rather than later...