Jeffrey Lacker

Jeffrey M. Lacker is a Senior Affiliated Scholar at the Mercatus Center at George Mason University, working on monetary policy, payments and central bank governance.

Dr. Lacker was president of the Federal Reserve Bank of Richmond and participant in meetings of the rate-setting Federal Open Market Committee from 2004-17, including rotations as a voting FOMC member in 2006, 2009, 2012 and 2015. He cast eight votes dissenting from FOMC decisions in 2012.

Dr. Lacker joined the Richmond Fed in 1989 as an economist in the research department, becoming senior vice president and director of research in 1999. He was an assistant professor at Purdue University from 1984-89 and was distinguished professor at Virginia Commonwealth University from 2018-22. He holds a PhD in economics from the University of Wisconsin-Madison and has published widely on monetary and payment economics.