Richard Fisher »

  • H.S. Borji

    The US dollar remained elevated against a basket of currencies Thursday, as a fall in monthly jobless claims boosted expectations for another strong nonfarm payrolls report. The US dollar index, a weighted average of the US dollar’s performance against six major rivals, paused at 81.45 after advancing in eight of the last nine sessions, according

  • David Becker

    The FOMC cut its bond purchase program by an expected $10 billion and there were no major surprises in the statement. The Fed still sees rates staying low for a “considerable time” after their bond purchase program ends, though Philly Federal Reserve bank President Plosser objected to this inclusion. The Committee said growth in the

  • H.S. Borji

    The US dollar index advanced to fresh highs Tuesday, as a surge in consumer confidence reinforced expectations the Federal Reserve will deliver an upbeat assessment of the economic recovery on Wednesday. The US dollar index, a weighted average of the greenback’s performance against a basket of currencies, increased 0.21 percent to 81.20. The index has

  • The benchmark gauges took a tumble Monday following comments from Federal Bank of Dallas President Richard Fisher. As one of the Fed’s most outspoken critics of quantitative easing, Fisher warned investors not to rely on the central bank’s monthly asset purchase program. Speaking in front of an audience in Portland, Oregon, the Dallas Fed President