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Lacker: Next hike should come sooner rather than later

Feb. 14, 2017 8:59 AM ETBy: Stephen Alpher, SA News Editor
  • Richmond Fed boss and noted hawk Jeff Lacker unsurprisingly wants the next rate hike to take place at the FOMC's next gathering in March.
  • In addition to the normal arguments of strong employment numbers and inflation getting close to 2% target, Lacker cites the potential for substantial fiscal stimulus as another reason to boost rates as soon as possible.

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