Next hike should come sooner rather than later - FOMC's J.Lacker

At his speech today, Richmond Fed Jeffrey Lacker (2018 voter, hawkish) said:

Next hike should come sooner rather than later; significantly higher rate are warranted.

More fiscal stimulus would imply higher interest rates.

US economy to expand 2% in 2017.

US at maximum employment, inflation close to goal.

2016 pace of payroll growth unsustainably high.