TeleTrade - Analytics

    TeleTrade

    685.50 6.50/10
    81% of positive reviews
    Real

    21.03.2016 10:49 Richmond Fed President Jeffrey Lacker: inflation in the U.S. is likely to rise in coming years

    Richmond Fed President Jeffrey Lacker said on Monday that inflation was likely to rise in coming years.

     

    "I am reasonably confident that, barring subsequent shocks, inflation will move back to the FOMC's 2 percent objective over the medium term," he said.

     

    Lacker noted that inflation was low due to low oil prices and a stronger U.S. dollar.

     

    Lacker is not a voting member on the Federal Open Market Committee (FOMC) this year.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree