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- Member of the Federal Open Market D. Lacker: Low interest rates are needed now because the economy is growing, "rather moderate pace"
Member of the Federal Open Market D. Lacker: Low interest rates are needed now because the economy is growing, "rather moderate pace"
Fundamental growth prospects of the U.S. economy in the long term is still promising
It is expected that the confidence of households will gradually rise
Rather, economic growth will accelerate later next year
Political deadlock paralyzing uncertainty creates
The recession has forced consumers to be more cautious in spending
Investment in the housing market is still low compared to historical norms
The housing market is showing some encouraging signs
Would prefer to buy Treasury bonds and mortgage-backed securities are not
The housing market is still faced with excess inventories of homes
Reducing unemployment frustratingly slow
Economic recovery is "pretty weak"
The benefits of bond purchases is likely to be small
I agree with the decision of the Committee on the Open Market of to keep interest rates near zero
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