Dallas Fed President-CEO Talks Economic and Monetary Policy
Richard W. Fisher, president and CEO of the Federal Reserve Bank of Dallas, gave a special address at Columbia SIPA on February 27. His speech, hosted by the International Finance and Economic Policy concentration, was entitled “An Economic and Monetary Policy Outlook (with Reference to Systemic Risk and ‘Too-Big-to-Fail’).”
Fisher is considered to be one of the most hawkish members of the Federal Open Market Committee, the Federal Reserve’s principal monetary policymaking group. He is also widely known for his strong views on the need to contain banks considered “too big to fail.”
His Feb. 27 remarks examined developments in the U.S. and global economy and discussed the role of monetary policy in supporting economic growth and why it's important that we downsize the largest financial institutions.