如今担任弗吉尼亚联邦大学教授的Lacker表示，他很高兴鲍威尔上周五在杰克逊霍尔的演讲中向美国人保证美联储有办法解决持续过
Former Richmond Fed President Jeffrey Lacker said Fed Chairman Jerome Powell was at risk of runaway inflation, and although he was confident that the Fed could control inflation, he did not say trauma surgery was needed to do so.
"I think the Fed is in a dilemma," Lacker said in an interview on Monday. "the danger posed to them by soaring inflation-our six-month inflation rate is higher than at any time since 1983-is that it continues."
Powell believes that the recent rise in inflation reflects the disruption related to the reopening of the US economy after the epidemic and may be temporary.
Lacker, now a professor at Virginia Commonwealth University, said he was glad that Powell assured Americans in Jackson Hole last Friday that the Fed had a solution to Qualcomm Inc.胀。
But he said it was like "a doctor told you that you have gangrene on your leg, don't worry, we have tools, but these tools are amputation tools, including a big saw."
Lacker, one of the most hawkish central bankers in the Richmond Fed for 13 years, has repeatedly challenged the Fed's decisions and called for more restrictive monetary policy. He said he learned his point from the lesson of high inflation.
"our experience in the early 1980s tells us that the process of keeping inflation down is extremely painful, so those of us will advocate more pre-emptive policies," he said. "the Fed's strategic statement last year deviated from that." Lacker refers to the new policy framework announced by Powell in Jackson Hole in August 2020.
