More from Jeffrey Lacker
- Looks like US is on track to return to 2% inflation
- I don't see low inflation warranting more QE
- Need to take the market volatility seriously
- Too soon to say whether this market vol will affect the outlook
- So far there's been no strong evidence to shift my rate outlook
- Growth will continue around 2%
- The labour market is tightening and that's reflecting strength
Spin those numbers. You wait until the core CPI is at 3% and they'll all be speaking about the headline being lower and more important for the target.
