Salient to Investors:
FRB Dallas President Richard Fisher said:
- QE3 won’t work due to Congress inaction and excessive government regulation, which are holding back hiring and investment
- Residential real estate is a recent bright spot
- QE3 risks higher inflation – if you allow higher prices, how credible are you in clawing them back?
Read the full article at http://www.bloomberg.com/news/2012-09-19/fed-s-fisher-says-u-s-inflation-expectations-rising.html