Three more Federal Reserve officials reaffirmed Friday that the central bank does not want to take away monetary stimulus too soon, counter to the impressions left by Chairman Ben Bernanke’s press conference last week.
The Fed “is not only leaving the punch bowl in place, we’re continuing to spike the punch,” Richmond Fed President Jeffrey Lacker said in a speech in West Virginia. Lacker has been a critic of the Fed’s asset purchases in the past, but made it clear that tightening the money supply is not in the Fed’s immediate plans.
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