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- Lacker: Fed may need to restrict purchases of private sector assets
Lacker: Fed may need to restrict purchases of private sector assets
The Fed needs to better clarify its policy
There is a "policy drift" in the search for the best ways of communication
Fed policy should ensure the stability of inflation expectations
There is evidence that the Fed's bond purchases have "ambiguous" effect
Lacker is not supported by the Fed aimed only one sector
Financial stability will elude us without restrictions on bank bailouts
If the Fed itself will not be able to limit the credit policy, this may require legislation
Central banks must show more restraint
Central banks sometimes try to do too much
Independence and effectiveness of the Fed's call for limits ambitions
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