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21 Mar 2016
Fed’s Lacker – Inflation will rise after oil price bottoms
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
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