Speaks at event in Charlotte

Jeffrey Lacker is speaking on a panel in Charlotte. Headlines have just started to come out. Not sure if he had any pre-panel release. Lacker will not be a voting member on the FOMC in 2016. He is the president of the Richmond fed

  • Each country has to set policy for its own economy
  • Divergence of central bank policy is not necessarily a matter of concern
  • Consumer spending continues to expand
  • Global slowdown not fully appreciated at start of 2015
  • We've stabilized we're in a good position going forward
  • Lower oil prices likely made Fed slower to raise rates this year