You are here

Policymaker Lacker's departure leaves US Fed on shakier ground

Trump administration is poised to reshape the board by filling several empty seats

BT_20170407_CPLACKER7_2828820.jpg
Richmond Fed chief Mr Lacker, whose term was due to expire in 2020, resigned on Tuesday.

Washington

TUESDAY'S sudden resignation of a US central bank policymaker finds the Federal Reserve on shakier ground, with the Trump administration poised to reshape it by filling several empty seats.

Jeffrey Lacker, president of the Richmond Federal Reserve Bank, announced he was

sentifi.com

Market voices on:

Powered by GET.comGetCom