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Fed’s Lacker - inflation expectations are still consistent with 2% target

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Fed’s Jeffrey Lacker, a hawk but a non-voting member this year, while speaking in Baltimore assured markets that inflation expectations are still consistent with 2% target.

    Key Quotes

    Monetary policy determines long run prices not growth

    Fed still has an important role in aiding growth

    Successive rounds of QE have had little or no tangible effect on the economy
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