Vladimír Urbánek (Kurzy.cz)
Markets  |  September 20, 2012 15:33:42

Fisher (Fed): QE3 probably will not work again for the promotion of employment, inflation risk increases


Dallas Fed President Richard Fisher gave the address QE3 heard in the sense that the third round of stimulation most likely not enough to start again the labor market but apparently can increase the risk of inflation. To address rising prices, but said that so far everything is on the level of inflation expectations, and only when it is full will likely market reaction. According to Fisher's inflation will be necessary in the near future closely monitored.

Fisher opposed his commentary FOMC decision last week. Fisher this year does not have voting rights within the monetary issues. According to Fisher, the impact of such measures on the labor market to say the least debatable and according to his own view is essentially zero.
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Fisher (Fed): QE3 asi nebude opět fungovat pro podporu zaměstnanosti, riziko inflace se zvýší

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