Monday, April 16, 2007

UPDATE 1-Fed's Fisher - bad fiscal policy pressures the Fed

(Reuters) - "Congress holds the power of the purse. But the Fed cannot be an indifferent bystander to the overall thrust of fiscal policy," he said in remarks to the Equipment Leasing and Finance Association.

Fisher is not a voting member of the U.S. central bank's policy-setting committee this year.


Read more at Reuters.com Bonds News

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