Talking to reporters after his speech in Washington, Richmond Fed's Jeffrey Lacker moved a...

|By:, SA News Editor

Talking to reporters after his speech in Washington, Richmond Fed's Jeffrey Lacker moved a little closer to the stance of KC Fed's Thomas Hoenig, saying he's growing uneasy over the "extended period" description of a zero-rate environment. He thinks inflation will rebound by late this year to a 1.5%-2% range.