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
