Thursday, April 18, 2013

Reuters: Regulatory News: Fed's Lacker says US inflation expectations still well-anchored

Reuters: Regulatory News
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Fed's Lacker says US inflation expectations still well-anchored
Apr 18th 2013, 12:26

WASHINGTON, April 18 | Thu Apr 18, 2013 8:26am EDT

WASHINGTON, April 18 (Reuters) - Arch U.S. policy hawk Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said on Thursday that expectations for future U.S. inflation remained well-anchored, despite massive Fed policy easing that he had personally opposed.

"I have been impressed by the stability of inflation expectations. People are pretty confident we're not going to let it get away from 2 percent. I like that," Lacker told CNBC television in an interview. "I think we're in a good place now, but I think we shouldn't be complacent," he said.

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