Richmond Fed’s Jeffrey Lacker to Retire October 1

Jeffrey Lacker, President of the Federal Reserve Bank of Richmond, announced his retirement effective October 1st. Lacker, known for his hawkish stance on inflation, has been a significant figure in the Federal Reserve since 2004. His departure marks a period of change for the Federal Reserve, with other leadership positions also opening up. Lacker's tenure was marked by his advocacy for higher interest rates and his influence on monetary policy, reflecting an old-school approach to Federal Reserve operations.

What is the effective date of Jeffrey Lacker's retirement?

What positions did Jeffrey Lacker hold during his tenure at the Federal Reserve Bank of Richmond?

What are some potential implications of Lacker's retirement for the Federal Reserve?

How did Jeffrey Lacker's views on inflation influence his role at the Federal Reserve?

What was Jeffrey Lacker's stance on monetary policy compared to other Federal Reserve banks?