Fed's Fisher: Increasing signs QE has overstayed its welcome

FXStreet (Bali) - Federal Reserve Bank of Dallas president Fisher, who is speaking in Mexico from a prepared text, said there are increasing signs that QE “has overstayed its welcome.” He also said that Fed policy is creating incentives for increasing risk, while adding that he backs reduction in QE. Further comments will follow as he will be answering audience questions and speaking with reporters afterwards.