Fed’s Fisher Says Better to Raise Rates Sooner and Slowly

Federal Reserve Bank of Dallas President Richard Fisher said the U.S. central bank risks derailing the economic recovery if it delays its first interest-rate increase for too long and then is forced to raise quickly. “I’m in the slow and gradual school,” said Fisher, who would like a first increa…

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Fed’s Fisher Says Better to Raise Rates Sooner and Slowly