April 18, 2013 / 12:36 PM / in 5 years

Fed's Lacker says inflation expectations still well-anchored

WASHINGTON (Reuters) - Arch policy hawk Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said on Thursday that expectations for future U.S. inflation remained well-anchored, despite massive Fed policy easing that he had personally opposed.

Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, participates in a session titled, "Help or Harm: Central Bank Monetary Policies at the Outer Limits" NABE Economic Policy Conference in Washington March 5, 2013. REUTERS/Yuri Gripas

“I have been impressed by the stability of inflation expectations. People are pretty confident we’re not going to let it get away from 2 percent. I like that,” Lacker told CNBC television in an interview. “I think we’re in a good place now, but I think we shouldn’t be complacent,” he said.

Reporting By Alister Bull; Editing by Chizu Nomiyama

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