Fed’s Lacker Sees `Sluggish' Growth for Many Years

Fed’s Lacker Sees `Sluggish' Growth for Many Years Play

June 26 (Bloomberg) -- Federal Reserve Bank of Richmond President Jeffrey Lacker said he expects the U.S. expansion to remain “sluggish” for “a couple more years,” and today’s downward revision to first-quarter growth is in line with his outlook. He speaks with Peter Cook on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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