L. Hunt, chaired the Federal Reserve Bank of Dallas from 2002 to 2006.
He was formerly a vice president at the Federal Reserve Bank of Dallas and later a vice president at Citigroup.
Meanwhile, Federal Reserve Bank of Dallas President Richard Fisher said in an interview with CNBC that he favored slowing asset purchases.
Bob McTeer is a distinguished fellow at the National Center for Policy Analysis and former president of the Federal Reserve Bank of Dallas.
Bob McTeer, a Distinguished Fellow at the National Center for Policy Analysis, is a former president of the Federal Reserve Bank of Dallas.
On the domestic front, business activity among Texas-area manufacturers is expanding at a slower rate this month than in January, according to the Federal Reserve Bank of Dallas' general business activity index.
More broadly, of all the developed countries, the U.S. puts the lowest priority on potential economic benefits when reviewing prospective immigrants, according to Pia Orrenius, an economist with the Federal Reserve Bank of Dallas.
"While wages are still relatively low in Mexico, employment growth has been quite strong for two years running, especially formal sector employment that comes with some fringe benefits, " said Pia Orrenius, senior economist at the Federal Reserve Bank of Dallas.
"I expect that companies who pushed through prices rather aggressively in 2011 will likely effect rollbacks in 2012, mitigating the headline price pressures we experienced this year, " Richard Fisher, president of the Federal Reserve Bank of Dallas, said in a speech earlier this month.
Richard Fisher, president of the Dallas branch of the Federal Reserve Bank, vowed to oppose a third round of quantitative easing, warning of incipient inflationary pressures that are building within the system.
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The Dallas Federal Reserve Bank has said that Texas created 265, 000 jobs since the official end of the recession in June 2009, more than a third of the new jobs created nationwide.
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