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Fisher spoke after timberland boots data last week showed the U.S. was moving closer to a recession, while inflation was accelerating at the same time. He said on Friday that the slowdown in growth will probably last for a couple of quarters and warned it may be difficult cheap timberland boots for men to quickly raise interest rates. The Fed is doing its very best to find the right balance between the concerns about both growth and inflation, Fisher said. The central bank must be careful not to stir inflation embers, he told the Petroleum timberland outlet Club of Fort Worth. Oil futures were higher after Turkey's military announced they had initiated a land offensive backed up by fighter jets into northern Iraq, said Sucden analyst Nimit Khamar. These fresh geopolitical developments timberland boots for cheap brought oil futures back into positive territory. Barclays Capital analyst Kevin Norrish dismissed the impact of the incursion on supply lines. While getting more overt and increasing in scale, the dynamics of the dispute do not seem timberland roll top boots for women to have changed particularly and in our view they are more illustrative of the instability of regional politics in north Iraq rather than posing any direct threat to oil flows in the regions, Norrish said. Business executives timberland 6 inch boots cheap have relayed concerns about building cost pressures, Fisher said. Policy makers last month lowered their benchmark rate by 1.25 percentage points to three percent, with an emergency reduction of three-quarters of a point on January 22. The moves cheap timberlands were the fastest easing of monetary policy in two decades. The Fed's rate cuts may be more difficult to reverse in practice than in theory, said Fisher, 58. The former hedge fund manager, U.S. trade official and Senate candidate timberland boots outlet became head of the Dallas Fed in April 2005.