Correspondent, Chicago
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Jun 4, 2014
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Jun 3, 2014

Fed’s Fisher wants October end to QE3; sees no 2014 rate hike

By Ann Saphir

(Reuters) – Richard Fisher, one of the Federal Reserve’s most ardent policy hawks, said on Tuesday he would favor ending the U.S. central bank’s massive bond-buying program in October, but said he does not expect the Fed to start raising interest rates until next year.

“The odds are slim” of a rate rise immediately after the bond-buying program is ended, Fisher, president of the Dallas Federal Reserve, told Reuters in a telephone interview.

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    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
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