Ken Fisher is one of the USA 's best-known investment commentators, having written his Portfolio Strategy column in Forbes magazine for more than 22 years. He also runs his own investment firm, Fisher Investments, putting his expertise into practice on behalf of a range of private and institutional investors.
The Fed minutes damped speculation, based on comments earlier in the week by regional bank presidents, that the Fed would cut interest rates next quarter. Richard Fisher, head of the Fed's Dallas bank, said the economy is growing ``forcefully.'' William Poole, president of the St. Louis Fed, said the central bank's stance on rates is ``about right.'