Lacker eyes concerns if Fed must rapidly sell assets

NEW YORK Tue Nov 20, 2012 9:49am EST

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NEW YORK Nov 20 (Reuters) - A top Federal Reserve official said on Tuesday he can foresee hesitation among fellow U.S. central bank policymakers if it becomes necessary to "rapidly" sell the Fed's still-growing stock of assets.

"The larger we make our balance sheet the riskier the exit becomes," said Richmond Fed President Jeffrey Lacker, an inflation hawk who has dissented this year at every meeting as the central bank retained or ramped up accommodative policies.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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