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Fisher: Don’t rule out tapering by March

According to Bloomberg, Federal Reserve Bank of Dallas President Richard Fisher noted that he would not rule out backing of tapering purchases by March depending on the current economic conditions.

“It’s really a question of what the circumstances are at the time and how the financial markets, and most importantly, the real economy is doing,” Fisher, who is scheduled to vote on monetary policy next year, said in an interview with Bloomberg News in Sydney. “I would say in terms of my own support, that I wouldn’t rule out my supporting doing something before March. That’s me. I cannot speak for the members of the committee.”

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