- Recession made many consumers more cautious.
- US economy will probably grow at 2% this year.
- Worth of note that Fed's Lacker is not a voting member this year, and last voted at the previous meeting. He is known for his hawkish stance.
- No reaction is seen across asset classes as these comments are very similar to those made last Friday by Lacker.
Print 20:00, 08 Jan 2013 - Fed - Source: Newswires
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: