4/19/2013

Three regional presidents of Federal Reserve banks, Jeffrey Lacker, Narayana Kocherlakota and James Bullard, warned that persistent inflation below the Fed's 2% target would be cause for concern. "If inflation looked like it was going to sag further on a persistent basis, I would certainly consider stimulus for the purpose of bringing inflation up to target," Lacker said.

Full Story:
Bloomberg

Related Summaries