Richmond Fed President Jeffrey Lacker: the Fed could start to raise its interest rate in June

Noticias del mercado

10 abril 2015

Richmond Fed President Jeffrey Lacker: the Fed could start to raise its interest rate in June

The Richmond Fed President Jeffrey Lacker said on Friday that the Fed could start to raise its interest rate in June if "incoming economic reports diverge substantially from projections".

He added that it would be ok if the Fed will cut interest rate after rate hike if needed.

The Richmond Fed president expects that U.S. inflation will pick up toward the Fed's 2% target.

Lacker is a voting member of the Federal Open Market Committee this year.

NIESR’s gross domestic product rose by 0.6% in three months to March

U.S. import price index declines 0.3% in March

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