Inside the Numbers: ISM Reports and the Great Margin Squeeze
February 12, 2011 at 01:42 AM EST
Richard Fisher, head of the Dallas Fed, flagged the risk of monetizing government debt and bashed the government for out of control spending. He felt the Fed was now “an accomplice to Congress’ fiscal malfeasance” and came out against further Quantitative Easing (QE). He further said he would back Fed tightening at the earliest signs [...]
