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By Lu Wang and Whitney Kisling, Bloomberg |
April 18, 2013
U.S. stocks fell, sending the Standard & Poor’s 500 Index to a six-week low, as earnings from UnitedHealth Group Inc. to EBay Inc. disappointed investors.
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By Craig Torres, Bloomberg |
April 9, 2013
Federal Reserve Bank of Richmond President Jeffrey Lacker said plans to limit the size or change the structure of the largest financial institutions must be made with the intent of allowing a failure without government aid.
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By Steve Matthews and Caroline Salas Gage, Bloomberg |
November 20, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposes a proposal to tie central bank stimulus to the U.S. unemployment rate because such a move may spur inflation.
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By Phil Flynn |
November 16, 2012
Oil prices seemed to shake off worries surrounding the increasing tensions in the Gaza strip and instead decided to focus on the weak jobless claims and the looming fiscal cliff.
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By Steve Matthews, Bloomberg |
November 15, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposes additional purchases of securities by the central bank because they will complicate an eventual exit from record stimulus and risk a surge in inflation.
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By Jeff Kearns, Bloomberg |
August 3, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposed the Fed’s decision to keep the main interest rate near zero through at least late 2014 because such accommodation probably won’t be necessary.
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By Kathleen Hays and Jeff Kearns, Bloomberg |
July 9, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said the U.S. may already be close to maximum employment from a monetary policy standpoint and that policy makers can’t do much more to cut the jobless rate.
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By Joshua Zumbrun, Bloomberg |
April 11, 2012
The Federal Reserve said the economy maintained its expansion in all 12 of its regions as manufacturing, hiring and retail sales showed signs of strength in the face of higher fuel prices.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
April 5, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said a U.S. law restricting proprietary trading at banks and scheduled for enactment in July may be “impossible” to implement.
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By Liz Capo McCormick, Bloomberg |
March 16, 2012
Money-market derivative traders expect the U.S. central bank will lift its target rate for overnight loans a year earlier than Federal Reserve Chairman Ben Bernanke’s pledge of late 2014.
