Fisher: Shift focus to inflation
But Dallas Fed President Richard Fisher disagrees. He thinks the Fed is reaching its "tipping point" on monetary policy.
Known as one of the Fed's staunch inflation hawks, he has recently advocated for shifting the Fed's focus from boosting job creation, to taming rising prices.
"Having done our job, I see many risks to the Federal Reserve overstaying its position," he said. "There is the risk that we might breach our duty to hold inflation at bay."
Even before he rotated into his position as a voting member of the FOMC earlier this year, Fisher was skeptical of QE2.
Earlier this month he said "indeed, it may well be that we should consider curtailing what remains of QE2."
NEXT: Yellen: Fed should toe the line
Last updated April 26 2011: 2:45 PM ET
Lights, camera, Bernanke!
