Fed's Fisher: Tapering Fed's bond buys could help housing market

March 7 Thu Mar 7, 2013 4:38pm EST

March 7 (Reuters) - Slowing the current pace of the Federal Reserve's asset purchases could paradoxically help the U.S. housing market, a top Fed official said on Thursday.

"It's quite possible in my view ... that a little tapering there would actually would make people realize that we've bottomed out on the interest rate cycle," Dallas Fed President Richard Fisher told Fox Business News. "I think you'd actually see more activity than you are currently seeing."

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