Correspondent, Chicago
Ann's Feed
Feb 2, 2015
Jan 31, 2015
Jan 30, 2015
Jan 30, 2015
Jan 30, 2015

Fed’s Fisher: stronger dollar good for U.S. jobs

SAN FRANCISCO (Reuters) – Sharp gains in the U.S. dollar are good for the U.S. labor market, a top Federal Reserve official said on Friday, downplaying a crescendo of complaints from top executives over the dent to their profits.

“CEOs that have international operations complain about it,” Dallas Fed President Richard Fisher told Reuters in an interview. “I hear from every one of them – it offsets their powerful earnings here domestically.”

Jan 29, 2015
Jan 29, 2015
Jan 29, 2015
Jan 29, 2015
Jan 29, 2015
    • 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
    • More from Ann

    • Follow Ann