Lacker takes questions

  • Jobs report doesn't change picture for monetary policy
  • Report was a good report
  • Fed focuses on domestic conditions
  • ECB must focus on what it needs to do
  • US had deviation from inflation target, not a long or prolonged move
  • No one expects the Fed to move a quarter point every FOMC

So far there's nothing more of great interest coming from Lacker in the Q&A and certainly nothing that casts any new light on the Fed's decision in September