Not exactly the words Dallas Fed President Dick Fisher used to say he would not support further support for the economy beyond QE2, but you get the drift…
- The Federal Reserve has done enough
- Unlikely to support any further accommodation
- US economy flush with liquidity
- Both parties to blame for fiscal sinkhole
- pressures are building on prices
- Fed can sell securities, adjust rates on reserves to tighten
- Hopes Fed gets timing right on exit
