Markets

Feds Lacker answers questions on Capitol Hill

Highlights of comments

Fed's Lacker and George will be peppered with questions from House members on regional districts governance, monetary policy and economic performance. That covers a lot of ground but the market is not expecting much from the pair. Nevertheless, depending how deep the members on the committee probe, there may be some insights into feelings about the next policy decision. Don't hold your breathe though.

Below are some of the Lacker comments from the Q&A:

  • All FOMC participants have a voice regardless of vote
  • Altering Fed vote rotation would shift gravity of FOMC
  • Fed should consult monetary policy rules but not follow them mechanically.

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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