Richard Fisher suggests the Fed wind down asset purchases

Richard Fisher, president of the Federal Reserve Bank of Dallas, repeated his suggestion for the Federal Reserve to reduce its bond-buying assets. 

Fisher said that economic data has improved and there has been a revival of the collateralized loan obligation market. 

“I have been advocating for tapering of asset purchases. I think we should be adjusting that… We are not going to go like that forever,” Fisher said.

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