March 14 The U.S. housing sector, whose rise and
subsequent crash has made the recovery from the last recession
the slowest in decades, now appears to be on a "sustainable
rebound," a top Federal Reserve official said.
Economic data from 2013, and especially strong
manufacturing, consumer spending and jobs data form the third
quarter, suggest the U.S. recovery is "proceeding steadily,"
Dallas Federal Reserve President Richard Fisher said in a letter
accompanying his bank's annual report, published Friday.
Fisher, who votes on Fed policy this year, is one of the
U.S. central bank's most hawkish policymakers, and wants the Fed
to wind down its bond-buying stimulus as quickly as possible.
Fed officials meet next week in Washington, and are expected
to continue to reduce the bond-buying program in light of a