Former Dallas Fed President Fisher cautious on rate decision trend

Potential New Chair for the Federal Reserve

Richard Fisher, former president of the Federal Reserve Bank of Dallas, discusses potential candidates for the next Federal Reserve chair during CNBC’s “Closing Bell.”

Rate Cuts on the Horizon?

Fisher indicates there is no immediate rush for the Fed to cut rates, with speculation pointing towards possible cuts in 2026. He emphasizes a cautious approach in navigating economic conditions.