Statement

Name: Jeffrey M. Lacker

Summary: Lacker: Fed audit 'high-frequency harassment': "Lacker, a voting member of the Federal Open Market Committee this year, was the lone dissenter last month, saying the economy was strong enough to handle a rate increase. He was also the only dissenter at the FOMC's September meeting, which saw the Fed keeping rates steady, in part because of global growth concerns sparked by China. Making his case for a hike, Lacker said consumer spending growth has been "exceptionally strong.""

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: November 18, 2015

Publication Date: November 18, 2015

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