When the time to raise interest rate comes, the Fed could act quickly and intensely, if needed, Federal Reserve Bank of Dallas president Richard Fisher said yesterday.

He remains “ever vigilant” of the “long-term dangers of inflation posed by the expansion of the Federal Reserve’s balance sheet,” Fisher told the Texas Christian University Business Network of Dallas, according to excerpts released by the Fed.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.