HONG KONG, April 4, 2014 — At a luncheon at Asia Society Hong Kong Center, Richard W. Fisher, President and CEO of the Federal Reserve Bank of Dallas, described "forward guidance" as "the subject du jour" of central bankers around the world, including the American Federal Reserve System. Fisher warned both Congress and the U.S. Federal Reserve about the monetary stimulus.

Listen to the audio file below for a recording of Fisher's speech and the Q&A session.

MP3: Richard W. Fisher at Asia Society Hong Kong Center (45 min.)