Richard Fisher Quotes (25 Quotes)

In our modern age it is very difficult to distinguish between absolute economic and absolute security issues.

The inflation rate is near the upper end of the Fed's tolerance zone, and it shows little inclination to go in the other direction,

I do dread that (the injuries). Truth of the matter being, if the Air Force had been the end of Bryce's career I think I would have been a happy man because I wouldn't have to worry about him getting hurt. But since that's his profession, he chose it, I'm glad for him.

We'll have to watch the data and listen to the anecdotal evidence very carefully. But clearly there is some pressure there and now we'll have to see how it manifests itself.

If productivity growth can stay near 3, monetary policy can accommodate relatively faster growth without igniting inflation.

I have spoken elsewhere of the dangers of inflation, were it to take root. Here the Fed watchers who read entrails might take note -- I am fully confident that the Fed will continue to do its part by containing inflationary expectations and pressures.

I consider her to be one of the best of my generation.

As a result, we are in a tightening phase of monetary policy,

Is the United States still the growth engine fore the world The answer is yes.

In the U. K., Australia and the Netherlands, a deceleration of housing prices hit consumption hard. As a result, many a jaundiced eye is being cast on the U. S.

Business is risky enough without the additional uncertainty created when a nation's unit of account -- in plain language, its money -- is undermined,

As a community, we're going to try to reach out and support the family as much as we can,

So this leaves a third option better calibrating government spending programs,

Without its independence from political interference, I doubt the Fed could have so successfully set the interest rates that have led to today's favorable economic circumstances.

really a great deal of intolerance for their being stuck in the water and their inability to change.

Those urging the United States to rein in its spending should be equally full-throated in prodding countries with excess savings and trade surpluses to create conditions for growing their domestic demand. If they fail to do so, and the U.S. suddenly becomes virtuous on its own, the global economy would sink into a deep funk.

What we've been enjoying is robust growth with limited inflationary pressure.

I think the actions taken by the (rate-setting) Federal Open Market Committee have been the appropriate actions. And I assume we will continue to take the appropriate actions, depending on what is happening with the data and the dynamics of the economy,

I think that the advantage of having an 'all clear' is that you have a factor which you can use in the scheduling of EVAs. This allows you to avoid times that are less fortunate. I believe this will be important as we return to the Moon.

As a member of the FOMC (Federal Open Market Committee), I will never vote to monetize fiscal profligacy,

China is in the midst of perhaps the largest military buildup the world has witnessed since the end of the Cold War.

It is not unreasonable to think the housing market situation is manageable, albeit worth watching closely.

I will not waver from advocating policy that discourages expectations of higher core inflation. The object will always be to keep inflation at bay, so that the American business machine can keep on humming.

We have to watch things very carefully here because there are inflationary pressures and ... (the Fed's) duty is to be especially vigilant on that front,

But the various Fed governors seem to be calculating them using numbers, which suggest inflation. Bert Dohmen brought this quote from Fed Governor Richard Fisher of Dallas to my attention, We cannot let the equivalent of sclerosis block the arteries and disrupt the workings ... Nor can we let the inflation virus infect the blood supply and poison the system.