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Fed's Lacker says sees inflation risk down the road
January 8, 2013 / 9:35 PM / 5 years ago

Fed's Lacker says sees inflation risk down the road

COLUMBIA, South Carolina, Jan 8 (Reuters) - Richmond Federal Reserve Bank President Jeffrey Lacker said on Tuesday that he doesn’t see a near-term quickening in U.S. inflation of “very large proportions,” but that he was worried about the long-term impact of the Fed’s policies.

“I see a risk of falling behind the curve not this year, but perhaps in 2014 and beyond,” he told reporters after delivering a speech on the economy’s prospects.

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