"I didn't find the 6.5 percent, or well past 6.5
percent, to be too high a price to pay for that cutback of $10
billion," Dallas Federal Reserve Bank President Richard Fisher
told reporters after a speech here.
The Fed in December decided to cut its bond-buying program to
$75 billion a month from $85 billion. It also said it would keep
rates low until well past the time unemployment falls to 6.5
percent. It registered 6.7 percent in December.
"I'm not uncomfortable with statement that was issued, but I
think we need to discuss this further," Fisher said.
(Reporting by Ann Saphir; editing by Chizu Nomiyama)
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