Federal Reserve Bank of Richmond President Jeffrey Lacker said the quickening U.S. recovery means policy makers need to take “quite seriously” their commitment to review a $600 billion monetary-stimulus program.
"People do not see inflation pressures now but I think it would be a mistake to put policy on hold until they appear."
- Jeffrey Lacker on Dec 19, 2014
Fed’s Lacker Says Rates Can Rise Ahead of Inflation (Audio)
Jones, Torres, Dunkelberg Discuss Lacker Interview
Lacker Says Inflation Needn’t Be Too High For Rate Hike (Audio)