Fisher: No Decision on QE2 Until FOMC Meets Nov. 3

No decision will be made on a second round of quantitative easing until the Federal Open Market Committee meets Nov. 3, and the outcome of that meeting “is yet to be determined,” Federal Reserve Bank of Dallas president and chief executive officer Richard W. Fisher said Tuesday.

Between now and then, new data could lead members to reassess their positions, he said.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER