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Fed Lacker: Fed rate hike sign of how far the US economy has come

Speaks at event in Charlotte

Jeffrey Lacker is speaking on a panel in Charlotte. Headlines have just started to come out. Not sure if he had any pre-panel release. Lacker will not be a voting member on the FOMC in 2016. He is the president of the Richmond fed

  • Each country has to set policy for its own economy
  • Divergence of central bank policy is not necessarily a matter of concern
  • Consumer spending continues to expand
  • Global slowdown not fully appreciated at start of 2015
  • We've stabilized we're in a good position going forward
  • Lower oil prices likely made Fed slower to raise rates this year

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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