KETR

Defending the Fed; Chastising the Fed

May 13, 2015

Credit fxtimes.com

Texas A&M University-Commerce professor of economics Dr. Dale Funderburk says when the president of the Dallas branch of the Federal Reserve, Richard Fisher, retired recently, he defended the Fed against calls for it to be audited, but he criticized the Fed for being dominated by the New York branch and for being too timid in raising interest rates.