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Fed’s Lacker – Inflation will rise after oil price bottoms

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Federal Reserve policymaker and a non-voting member this year Lacker was on the wires today stating the inflation will rise significantly after oil price bottoms out.

    Key points

    Core inflation will move towards 2% after the dollar tops out

    Will continue to monitor inflation and price expectations and will take action if needed

    Reasonably confident inflation will move toward 2 pct over medium term
    For more information, read our latest forex news.
     

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