Michael Joyce Quoted on Lacker’s Dissension on Interest Rates

An article published in the Richmond Times Dispatch on October 31, 2015 regarding Federal Reserve Bank of Richmond’s President Jeff Lacker’s position on interest rates includes extensive quotes from Michael Joyce.  Michael commented that it makes little difference if the Fed raises rates in December or in 2016.  Any increase will likely be small with some time taken afterward to measure impact.  To read the entire article, click here.