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Jeffrey Lacker: Should Be Standing Pat Now, Not Easing Further

NOV 15, 2012 10:20am ET

Richmond Federal Reserve Bank President Jeffrey Lacker Thursday urged against any further injections of monetary stimulus into the U.S. economy, arguing that a ballooning balance sheet complicates the central bank's exit strategy down the road, and it is not certain that more aid from the Fed — on its own...

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