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The Federal Reserve and Texas

Author

Listed:
  • Richard W. Fisher

Abstract

Remarks at a Community Luncheon Hosted by the Federal Reserve Bank of Dallas, San Antonio, Texas, August 29, 2006 ; \"The business of getting it right on inflation is not an easy task. I keep a close eye on all of the inflation measures--especially now, when high energy prices and utility bills are putting pressure on many businesses to raise prices. But I put extra weight on the Trimmed-Mean PCE Deflator because I believe it provides a more realistic picture of the price pressures in the economy and more accurately measures what conditions the operations of our economy.\"

Suggested Citation

  • Richard W. Fisher, 2006. "The Federal Reserve and Texas," Speeches and Essays 67, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddsp:67
    as

    Download full text from publisher

    File URL: http://dallasfed.org/news/speeches/fisher/2006/fs060829.cfm
    Download Restriction: no
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