COLLEGE STATION, Texas — Dallas Federal Reserve Bank President Richard Fisher said Thursday he supports a definitive path for scaling back large scale asset purchases once the Fed's policymaking committee makes the decision to start tapering.

"We should define a very clear path, that once we start tapering - absent some major disruption or something that comes out of the blue - there is a definite path to when we reach zero," Fisher said, repeating his frequently stated position at a community Dallas Fed event at Texas A&M University.

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