Fed's Lacker brushes off jobs report, said rates should be higher

Hawkish comments from a Fed hawk

• Data consistent with inflation rising to 2%


• Interest rate rules indicate Fed rates should be higher


• Job growth is double the pace needed to absorb the population rise

Lacker is a major hawk so this kind of talk isn't a surprise.

Update:

He continued with more of the same, saying that the August jobs report suggests the labor market is still tightening.

Fed's Lacker brushes off jobs report, said rates should be higher
Fed's Lacker brushes off jobs report, said rates should be higher
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