IDEAS home Printed from https://ideas.repec.org/p/fip/feddsp/102.html
   My bibliography  Save this paper

A report on the Texas economy and a hawk(s)eye view on recent Fed pronouncements: what does it all mean?

Author

Listed:
  • Richard W. Fisher

Abstract

Remarks before the Headliners Club, Austin, TX, February 2, 2012 ; "Explicitly acknowledging that monetary policy’s impact on employment is transitory and uncertain is a cardinal event. It signals to the markets that there are limits to the ultimate job-stoking efficacy of Federal Reserve policy. To the extent that inflation is running below 2 percent, the Federal Reserve may have somewhat greater latitude to pursue accommodation. However, the past few years have demonstrated, yet again, that allowing inflation to rise by no means guarantees faster job growth."

Suggested Citation

  • Richard W. Fisher, 2012. "A report on the Texas economy and a hawk(s)eye view on recent Fed pronouncements: what does it all mean?," Speeches and Essays 102, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddsp:102
    as

    Download full text from publisher

    File URL: http://www.dallasfed.org/news/speeches/fisher/2012/fs120202.cfm
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:feddsp:102. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Chapman). General contact details of provider: http://edirc.repec.org/data/frbdaus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.