Dallas Fed President: We've Given Markets Too Much Ritalin

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Dallas Fed President: We've Given Markets Too Much Ritalin
Source: YouTube Video Screenshot

In an interview with Bloomberg’s Michael McKee, Stephanie Ruhle and Matthew Miller, Dallas Federal Reserve (Fed) President and CEO, Richard Fisher said:

  • FOMC statement made policy more state-contingent.
  • FOMC has ‘neutered’ the considerable period time term.
  • We’ve given the markets too much Ritalin.
  • We need to have a fiscal partner.
  • I’m uncomfortable when Congress tells us what to do.
  • If we wait until inflation shows up, it may be too late.
  • Waiting too long to raise rates could force a recession.

The Man Behind TCI: One Of The World’s Top-Performing Hedge Funds

TCI David Marcus Investment ResearchThe Children's Investment Fund Management LLP is a London-based hedge fund firm better known by its acronym TCI. Founded by Sir Chris Hohn in 2003, the fund has a global mandate and supports the Children's Investment Fund Foundation (CIFF). Q3 2021 hedge fund letters, conferences and more The CIFF was established in 2002 by Hohn Read More

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