Fed’s Fisher Says Companies Want to Raise Prices, WSJ Reports
This article is for subscribers only.
Federal Reserve Bank of Dallas President Richard W. Fisher said each of the roughly 50 business executives he speaks with on a regular basis is looking to price goods or services “more aggressively” as costs rise, according to the Wall Street Journal.
“That concerns me,” he said in an interview with the newspaper today in Frankfurt. “You’re beginning to hear numbers in the 3 percent-plus level.”