More hawkish talk from the Fed’s Lacker
– The longer we wait to hike, the bigger risks we run
– The Fed’s dot plot forecast fails to convey uncertainty
– Deeply skeptical about raising the Fed’s inflation target
More hawkish talk. The biggest eyebrow raiser from him today was that he ‘hadn’t made up his mind’ yet on a September hike. Everything else he’s said argues that he’s 100% behind a hike asap.
