Fed Governor, Federal Reserve Bank of Dallas, Fisher made it clear that he would formally oppose the U.S. Federal Reserve Board to expand the current national debt purchase plan.
Fisher said that given the current economic and financial situation, if the U.S. Federal Open Market Committee suggested that 6,000 billion U.S. dollars in the Treasury purchase plan other than to further the implementation of monetary easing measures, he will exercise their right to vote formally opposed.
He said it would support a reduction in debt to take the lead position, and the inflationary pressures from commodity markets, the overall price trend spread to show signs of the beginning of the tightening of monetary policy.
The overall economic situation, Fisher said, recent data have clearly shown that economic recession and deflation risks of secondary have been weakened, the opposite of economic and employment growth is beginning to accelerate.