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Federal Reserve

It's 'too tender a moment' to cut QE, says Fed hawk Fisher

Adam Jeffery | CNBC

One of the Federal Reserve's most outspoken critics of asset purchases has essentially given up hope for a policy change at a meeting later this month in light of the fiscal standoff in Washington.

(Read more: Tepper: No taper for 'long time' to push up stocks)

"My personal opinion is that it's not in play," Richard Fisher, president of the Federal Reserve Bank of Dallas, said of the possibility that the central bank will reduce its quantitative-easing program at an Oct. 29-30 policy meeting.

"This is just too tender a moment," he said.

—By Reuters