Richmond Fed President Jeffrey Lacker joins fellow inflation hawk Charles Plosser in warning...

|By:, SA News Editor

Richmond Fed President Jeffrey Lacker joins fellow inflation hawk Charles Plosser in warning about exiting too late: "I will be looking for the time at which economic growth is strong enough and well-established enough, even if it is not yet especially vigorous ... We cannot be paralyzed by patches of lingering weakness." Export demand is up, he said, but employment and CRE are real hurdles.