(US) Fed's Lacker: Further economic stimulus would raise inflation – FT- Lacker stated to FT "My sense is that more monetary stimulus at this point would likely show up almost entirely in higher inflation with very little constructive influence on growth"
For those, who is not at ease with english,
………an increase in monetary stimulus is now likely to be reflected almost entirely in higher inflation and have very little constructive effect(influence) for economic growth.