Read
- Journalist who brought down U.S. general is killed in Los Angeles car crash
- Angelina Jolie stunt double sues News Corp over hacking
- Kanye West wins over critics with 'daring' new album 'Yeezus'
- UPDATE 2-United Dreamliner diverted due to possible oil filter problem
- U.S. doctor group votes to recognize obesity as a disease
Sponsored Links
Lacker says timing of Fed exit is going to be tricky
WASHINGTON, March 5 |
WASHINGTON, March 5 (Reuters) - The Federal Reserve's aggressive monetary stimulus will make it harder for the U.S. central bank to engineer a smooth retreat from the unconventional policies, a top Fed official said on Tuesday.
"I fear that small mistakes (could have) large consequences," Jeffrey Lacker, President of the Federal Reserve Bank of Richmond and an inflation hawk who has been skeptical of central bank bond buying.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
srage wrote:
How do you stop printing money that should not be printed at all. How do you withdraw drugs from an addict that never should have been supplied with them in the first place?.
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters