Jeffrey Lacker News
US inflation is likely to accelerate in coming years and move toward the Federal Reserve`s 2 percent target, Richmond Fed President Jeffrey Lacker said on Monday, flagging upside risks to price growth
US inflation will likely accelerate in coming years and move toward the Federal Reserve`s 2 percent target, Richmond Fed President Jeffrey Lacker said on Monday.
The Federal Reserve is keeping US interest rates at record lows in the face of persistent threats from a weak international economy and excessively low inflation.
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