(Reuters) - Lacker said that economic conditions in 2006 had
deteriorated as growth dipped below 3 percent and inflation
moved above 2.5 percent.
"While still relatively low by historical standards, I view
that number -- and, more importantly, the upward trend in
inflation -- with some caution. Inflation is, in my opinion,
too high," he said.
Read more at Reuters.com Bonds News
deteriorated as growth dipped below 3 percent and inflation
moved above 2.5 percent.
"While still relatively low by historical standards, I view
that number -- and, more importantly, the upward trend in
inflation -- with some caution. Inflation is, in my opinion,
too high," he said.
Read more at Reuters.com Bonds News
No comments:
Post a Comment