Fisher Says QE Bond Buying Must Ensure Market Stability

Richard Fisher, the President of The Federal Reserve Bank of Dallas, says that Fed’s quantitative easing program must not interfere with financial markets. The banker made the comments in Dallas today, and they were picked up by Bloomberg. Fisher is one of the voices arguing for an end to the central bank’s bond buying program. The Federal Reserve pledged last year to keep buying assets at a high rate in order to spur recovery in the U.S. economy. Fisher has been a vocal critic of the policy, saying, “I was against QE3, I don’t believe it had any efficacy,” in…