News Headline Summary

Over the weekend, Fed's Lacker said Fed should stop printing money as soon as possible, according to Germany's Handelsblatt

Says:

- Risks from QE exceed program's benefits.
- Fed may be surprised by higher inflation rates in 2014 and may not be able to act in time once inflation accelerates.

Update details:

- 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.

Print 00:48, 21 Jan 2013 - Asian News - Source: Handelsblatt