One of the Federal Reserve's most hawkish policy makers confronted one of the Fed's most dovish senior officials on Tuesday in a joint public debate about whether the central bank's bold steps to spur growth were risking future inflation. Policy dove Charles Evans, president of the Federal Reserve Bank of Chicago, and anti-inflation hawk Jeffrey Lacker, chief of the Richmond Fed, sparred pointedly but agreed to disagree. "Our credibility will be judged by how we do on both sides of the mandate," Evans said, saying that the Fed was still "missing tremendously" on the employment side of its dual mandate, while its ... (full story)