Jeffrey M. Lacker
Jeffrey M. Lacker (born September 27, 1955 in Lexington , Kentucky ) is an American economist and banker who has been President and Chief Executive Officer (CEO) of the Federal Reserve Bank of Richmond since 2004 .
Life
After attending school, Lacker completed an undergraduate degree in economics at Franklin and Marshall College in Lancaster , graduating with a Bachelor of Arts in Economics (BA Economics). A post-graduate studies in economics at the University of Wisconsin , he finished 1984 with a Doctor of Philosophy ( Ph.D. in Economics). He then took on a professorship for economics at the Krannert School of Management at Purdue University in 1984 , where he taught until 1989.
In 1989, Lacker as an employee in the Federal Reserve Bank of Richmond, and was there until 1996, research economist and taught next in 1992 and 1993 as a professor economics at the College of William & Mary in Williamsburg . After serving as Vice President from 1996 to 1999, he served as Senior Vice President and Director of Research at the Federal Reserve Bank of Richmond from 1999 to 2004.
On 1 August 2004 Lacker was the successor of J. Alfred Broaddus, Jr. as President and Chief Executive Officer (CEO) of the Federal Reserve Bank of Richmond, which for the states North Carolina , South Carolina , Virginia and West Virginia competent regional bank of the Federal Reserve System based in Richmond . For 2014 he is alternating voting member of the FOMC ( Federal Open Market Committee ), the monetary and monetary policy operates in the United States.
Considered the Federal Reserve Bank's staunch internal critic, Lacker has repeatedly warned that the central bank's extraordinary efforts to stimulate economic growth are ineffective and inappropriate, and worst of all, that the Federal Reserve is undermining its hard-won ability to control inflation .
He is also a member of the Central Virginia Junior Achievement Advisory Board and the Board of Directors of the World Affairs Council of Greater Richmond. Born into a Jewish family, Lacker is also a board member of the Richmond Jewish Foundation .
Web links
- Entry on the homepage of the Federal Reserve Bank of Richmond
- Speeches on the Federal Reserve Bank of Richmond home page
- Entry in Federal Reserve History
- Jeffrey M. Lacker in nndb (English)
- A Conversation with Jeffrey M. Lacker , May 9, 2013 (Homepage of the Council on Foreign Relations )
Individual evidence
- ^ Federal Reserve Bank Presidents
- ^ A Bold Dissenter at the Fed, Hoping His Doubts Are Wrong . In: The New York Times, January 9, 2013
| personal data | |
|---|---|
| SURNAME | Lacker, Jeffrey M. |
| BRIEF DESCRIPTION | American economist and central banker |
| DATE OF BIRTH | September 27, 1955 |
| PLACE OF BIRTH | Lexington , Kentucky |