Fed Policy Plan Leak Prompts Lacker's Resignation

The transcript discusses an incident involving Mr. Lacker and a phone call where nonpublic information was allegedly confirmed by omission. It explores the dynamics between media and analysts, the Fed's response to tighten procedures, and the potential impact on central bank methodologies. Ethical considerations in information sharing are also highlighted.

What was the significance of the statement made by Mr. Lacker during the interview?

What was the context of the phone call involving Mr. Lacker?

What changes in procedures are expected from the Fed following the incident discussed?

What are the potential consequences for Fed officials in light of the discussed events?

What implications did the event with the President of the Richmond Fed have on the relationship between the Central Bank and investment houses?

How did the analysts approach their discussions with the Fed compared to reporters?

How do the analysts' methods differ from those of reporters in terms of information gathering?