Fed's Fisher (FOMC voter, hawk): Markets are overshooting, in my opinion; would not comment on specific market sectors - Q&A
- our purpose at the Fed is not to provide a 'put' to markets or get the rich richer
- dont believe in popping certain bubbles, but perhaps should let some 'speculative steam' out of the markets
- Would support having a press conference after every FOMC meeting
- Notes the Fed cannot always choose to hold securities to maturity