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Inflation will move towards target – Fed’s Lacker

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Edinburgh) - Richmond Fed President Jeffrey Lacker has argued that the pace of inflation will be a key driver in the next rate hikes. He expects that consumer prices will gather traction once energy prices bottom.

    He’s also noted that higher rates coincide with a strong economy, seen the GDP expanding 2.2% in spite of the export drag.
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