The Richmond Federal Reserve bank’s President says that the economy has hit bottom and will start bouncing back later this year. Jeffery Lacker told state legislators that he was starting to see improved consumer spending and that existing home sales might just have a pulse after all. From the AP story: “If the emerging stability… Read more »
Jeffrey Lacker
Q&A: Local biz leaders on the economy
On Friday the VCU School of Business hosted an economic panel featuring Jeffrey M. Lacker, president of the Federal Reserve Bank of Richmond; Steven A. Markel, vice chairman of Markel Corporation; and John R. Nelson, executive vice president and chief technology officer of Altria Group. The panelists answered questions from students and fellow executives about… Read more »