A Bold Dissenter at the Fed, Hoping His Doubts Are Wrong

Jeffrey M. Lacker, the Federal Reserve’s most persistent internal critic, does not much resemble a firebrand. He is personally cheerful, professionally inclined to see both sides of an issue and quick to acknowledge he may not be right. He says he would rather be wrong. But for the last several…

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A Bold Dissenter at the Fed, Hoping His Doubts Are Wrong

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