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Policymaker Lacker's departure leaves US Fed on shakier ground

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

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


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...

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