Lacker takes questions
- Jobs report doesn't change picture for monetary policy
- Report was a good report
- Fed focuses on domestic conditions
- ECB must focus on what it needs to do
- US had deviation from inflation target, not a long or prolonged move
- No one expects the Fed to move a quarter point every FOMC
So far there's nothing more of great interest coming from Lacker in the Q&A and certainly nothing that casts any new light on the Fed's decision in September
