Fed's Lacker Says Rate Hike Should Come Sooner Rather than Later

Fed's Lacker Says Rate Hike Should Come Sooner Rather than Laterhttp://www.mortgagenewsdaily.com/8192008_Lacker_Rate_Hike.aspSpeaking in an interview with Bloomberg TV, Richmond Federal Reserve President Jeffrey Lacker (non-voter) said the Fed should not wait too long for a rate hike. The Richmond Fed President said inflation will slow if oil prices drop. He added that inflationenCommunityServer 2008 SP2 (Build: 31106.96)