Lacker to Bloomberg TV: Growth Sluggish, Not Cutting Balance Sheet….
Federal Reserve Bank of Richmond/VA President and CEO, Jeffrey Lacker sat down with Bloomberg TV’s chief Washington correspondent and host of “Capitol Gains” Peter Cook today and said,
“We could be in for a couple more years of sluggish growth” and that he is “increasing the balance sheet…not anywhere decreasing it yet.”
Laker went on to say, “I’m fine with us tapering off right now.”
source: Bloomberg TV