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Lacker Raises Hopes for a Rates Hike
👤Nurudeen Amedu 🕔September 3, 2016Comments made by Richmond Fed President Lacker held implications that the Fed Funds rate should be much higher than it is now. He however said that he was still weighing his options concerning the issue of a September rate increase, further adding that the US economy will need much higher interest rates, unless there is a considerable amount of slowing in job growth.…
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