FARM BUSINESS NEWS
Fed Should End Easy Money Policy
Chris Clayton DTN Ag Policy Editor
Mon Dec 9, 2013 05:30 PM CST

CHICAGO (DTN) -- The Federal Reserve should begin tapering back its easy money policies at the earliest opportunity possible, the president of the Dallas Federal Reserve told farmers attending the DTN/The Progressive Farmer Ag Summit on Monday.

Richard Fisher, an outspoken, self-described hawk on monetary policy, kicked off the ag summit, offering some blunt views on monetary policy before he and other Federal Reserve leaders go into a week of commentary "blackout" leading into next week's Federal Open Market Committee meeting.

The Fed should begin reducing its $85 billion a month purchases of U.S. Treasuries and mortgage-backed securities as soon ...

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