Fed’s Lacker: No Double-Dip
April 06, 2010 at 11:19 AM EDT
Richmond Federal Reserve President Jeffrey Lacker told CNBC Tuesday that the U.S. economic recovery is “sustainable” and the economy is unlikely to see another dip. “Friday’s employment report is evidence that the labor market is bottoming out,” Lacker said. Addressing the issue of fear of a discount rate hike from the Fed and whether another rise [...]