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Fed Official Jeffrey Lacker says Fed Bond Buying Must End Quickly
Old 07-27-2013, 12:09 PM   #1
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Fed Official Jeffrey Lacker says Fed Bond Buying Must End Quickly

Fed's Lacker says exit from bond-buying program must be quick - Yahoo! Finance

"The U.S. central bank must end its bond-buying program quickly and an end to the program was "in sight", a senior Federal Reserve official said in a German magazine on Saturday."

This official is Jeffrey Lacker, president of Federal Reserve Bank of Richmond.

We'll see where this goes, if anywhere.

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Old 07-27-2013, 12:15 PM   #2
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I believe he has been opposed it for sometime

Meet Jeffrey Lacker, the Fed's Mister No - Businessweek
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Old 07-27-2013, 12:15 PM   #3
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I'm starting to wonder if all this contradictory chatter from the Fed is going to create a situation where when the program does finally end, it is anticlimactic and so ho-hum?

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Old 07-28-2013, 05:08 AM   #4
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It is a pretty common rhetorical tactic in today's politics for an opponent to simply keep restating their own opinion as fact in a hope to drive things in their own direction through sheer force of will.
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