News Headline Summary

Fed's Fisher says large banks are pretty much ineffective in helping the US move forward on the monetary policy unit

- Fed's bond buying insufficient to spark bond buying.
- Unemployment too high in the US.

Update details:

- This is unsurprising commentary as Fisher is one of the more hawkish members of the Fed, Fisher is currently a non-voter.

Print 18:21, 18 Dec 2012 - Fed - Source: Newswires