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Federal Reserve Bank of Dallas
Speeches and Essays
The Federal Reserve and Texas
Richard W. Fisher
Abstract

Remarks at a Community Luncheon Hosted by the Federal Reserve Bank of Dallas, San Antonio, Texas, August 29, 2006 ; "The business of getting it right on inflation is not an easy task. I keep a close eye on all of the inflation measures--especially now, when high energy prices and utility bills are putting pressure on many businesses to raise prices. But I put extra weight on the Trimmed-Mean PCE Deflator because I believe it provides a more realistic picture of the price pressures in the economy and more accurately measures what conditions the operations of our economy."


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Richard W. Fisher, The Federal Reserve and Texas, Federal Reserve Bank of Dallas, Speeches and Essays 67, 2006.
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Keywords: Federal Reserve System ; Federal Reserve District; 11th ; Inflation (Finance) ; Globalization
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