Fed's Lacker: July Would've Been Good Time to Raise Rates

The speaker reflects on their past and current views regarding interest rate increases, expressing a preference for earlier action. They discuss their decision-making process, emphasizing the importance of listening to colleagues and considering evidence. The speaker highlights the risks of delaying rate increases, supported by data analysis.

What approach does the speaker take before making a decision on interest rates?

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What does the speaker suggest about the risks of delaying interest rate increases?

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