Lacker takes questions • Jobs report doesn't change picture for monetary policy • Report was a good report • Fed focuses on domestic conditions • ECB must focus on what it needs to do • US had deviation from inflation target, not a long or prolonged move • No one expects the Fed to move a quarter point every FOMC So far there's nothing more of great interest coming from Lacker in the Q&A and certainly nothing that casts any new light on the Fed's decision in September (full story)