Monday, August 4, 2014


Econ Comments & Analysis                                                                                            
Bloomberg | Lacker Says Markets May Be Surprised by Pace of Rate Rise
Short-term interest-rate markets have for months priced in a slower tempo of increases than policy makers themselves forecast. That’s risky because the misalignment, a bet against a rate path that the central bank alone controls, could lead to volatility if traders have to adjust rapidly, Lacker said.