Dallas Fed President Lends Credibility to Money Morning’s Prediction That the Federal Reserve Will Soon be Boosting Interest Rates
May 30th, 2008 | By William Patalon III | Category: Politics & EconomicsJust one day after Money Morning predicted that the U.S. Federal Reserve would soon be forced to increase interest rates, Dallas Fed President Richard W. Fisher said he expected the central bank would raise interest rates should inflationary pressures start causing severe consumer pain.