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View Full Version : Richmond's Lacker Says Fed Swap Arrangements Amount to 'Fiscal Policy' - Bloomberg



NewsWhore
11-30-2011, 06:20 PM
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Richmond&#39;s Lacker Says Fed Swap Arrangements Amount to &#39;Fiscal Policy&#39; (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEZxerFH0HV61LnM20Tv4XsLE6iMg&url=http://www.bloomberg.com/news/2011-11-30/richmond-s-lacker-says-fed-swap-arrangements-amount-to-fiscal-policy-.html)
Bloomberg
Federal Reserve Bank of Richmond President Jeffrey Lacker said he dissented against the Federal Open Market Committee&#39;s currency-swap decision because it was a form of fiscal policy. ...

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