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Fisher: Fed Risks 'Hotel California' Monetary Policy

Friday, December 14, 2012 - 11:37 AM
Dallas Fed President Richard Fisher told CNBC that he's worried the U.S. central bank is in a "Hotel California" type of monetary policy because of its "engorged balance sheet." Evoking lyrics from the famous song by The Eagles, he said he feared the Fed would be able to "check out anytime you like, but never leave."

Fisher: Fed Risks 'Hotel California' Monetary Policy
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ShorebreakShorebreak2,622 posts since
Apr 6, 2010
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