Statement

Name: Jeffrey M. Lacker

Summary: Fed’s Lacker: My views haven't changed much since September: "Well, I think the higher sustained growth we've seen in real consumer spending strongly suggests that real interest rates need to be higher than they are now. It seems unlikely that real interest rates where they are -- at below -1% inflation-adjusted interest rates -- is going to be sustainable with this stretch of consumer spending growth at this pace."

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: October 14, 2015

Publication Date: October 14, 2015

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