The growing anti-Wall Street protests in New York and across the country are an understandable reaction to persistently high unemployment, a top U.S. Federal Reserve official said on Thursday. “I am somewhat sympathetic – that will shock you,” Dallas Fed President Richard Fisher told a group of business people in Fort Worth, Texas. “We have too many people out of work. We have a very uneven distribution of income. We have too many people out of work for too long. We have a very frustrated people, and I can understand their frustration.”
Fed’s Fisher ‘sympathetic’ to Wall Street protesters
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