Monetary policy’s impact on real economy is limited and temporary – Fed’s Lacker

FXStreet (Mumbai) – Fed’s Lacker was on the wires stating that monetary policy has a limited and temporary impact on the real economy, but the policy is uniquely suited to control of inflation.

Key Quotes

Egregious monetary policy errors can seriously damage economy

Caution is warranted in policy responses to financial markets

Fed’s Lacker was on the wires stating that monetary policy has a limited and temporary impact on the real economy, but the policy is uniquely suited to control of inflation.

(Market News Provided by FXstreet)