#FUTURENEWS: Dallas Federal Reserve President Richard Fisher said - TopicsExpress

#FUTURENEWS: Dallas Federal Reserve President Richard Fisher said Friday the US economy was threatend by higher wages. Via Reuters: Fisher said on Friday he worries that further declines in unemployment nationally could lead to broader wage inflation. To head that off, and also to address what he called rising excesses in financial markets, Fisher said he prefers to raise rates by springtime, sooner than many investors currently anticipate. After a snarky tweet, I wondered if he was not misquoted or misinterpreted. But he definitely warns that wage growth is set to accelerate in his Fox News interview (begin at the 3:50 mark)

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