- Recession made many consumers more cautious.
- US economy will probably grow at 2% this year.
Reaction details (14:02)
- No reaction is seen across asset classes as these comments are very similar to those made last Friday by Lacker.
Analysis details (14:02)
- 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.
08 Jan 2013 - 13:59 - Fixed Income Bank Speaker - Source: Newswires
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