Fed's Fisher says wants proof inflation headed down

Newswire

AUSTIN, Texas, April 26 (Reuters) - U.S. inflation is probably heading in the right direction but the central bank still needs more evidence that this is the case, Dallas Federal Reserve President Richard Fisher said on Thursday. "I would like to see it (inflation) come down from its current levels," he told reporters after delivering a speech. "I expect that we are seeing a reduction in inflationary trends and expectations. But I would like to see that verified," he said. Fisher also ...

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