Fed's Fisher: stronger dollar good for U.S. jobs

Sharp gains in the U.S. dollar that have spurred grumbling from some big U.S. companies about the impact on profits are actually a positive sign for U.S. job creation, a top Federal Reserve official said on Friday. "CEOs that have international operations complain about it," Dallas Fed President Richard Fisher told Reuters in an interview. Fisher said he's inclined to take those complaints with a grain of salt. Fisher has a network of top CEOs with whom he talks before every Fed policy-setting meeting, and he noted that his business contacts uniformly told him they've been seeing a strong pickup in activity since late December and through the first three weeks of January.

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