Describing his decision to again dissent from the FOMC decision, the Richmond Fed's Jeff Lacker...
Describing his decision to again dissent from the FOMC decision, the Richmond Fed's Jeff Lacker paints a picture of a man with views 180 degrees different than his fellow board members. "A single indicator cannot provide a complete picture of labor market conditions," he says, wondering how a group of learned men and women can derive major policy decisions from the headline unemployment rate. Lacker is out as a voter on Jan. 1.
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