Jeffrey Lacker

Controversy has come calling at the doorstep of the Federal Reserve, with the Richmond Federal Reserve President Jeffrey Lacker calling it quits after admitting to leaking information about the deliberations among Federal Open Market Committee members in 2012. The statement by Lacker said his...

The most recent FOMC minutes painted an unexpectedly hawkish picture, implying that the next Fed rate hike could come as soon as June. Following the release, Richmond Fed Chair Jeffrey Lacker told Bloomberg that he sees a strong case for a June hike and plans on pushing for a total of four hikes by...

After a week spent worshiping at the altar of the Federal Reserve, financial markets will be spared the specter of a Fed meeting in the week ahead. However, that does not mean a 2015 rate hike is off the table. San Francisco Fed President John Williams told reporters last week that a rate hike...

While global financial markets try to determine if the turmoil resulting from China’s economic weakness is enough to put a potential September Federal Reserve rate hike on hold for the time being, now is a good time to take a careful look at what 11 of the 13 Federal Reserve Bank Presidents...

Futures Rise On Better Japan Data U.S. equity futures rose in early pre-market trade following lots of stronger than expected economic data from Japan. Better manufacturing data as well industrial production figures boosted assets pre-markets as fears that the massive stimulus will fail abated...

The euro dipped below $1.30 for the first time in nearly a month in the early hours of Thursday after comments from the European Central Bank underscored some of the risks to the region's growth. Bank President Mario Draghi remarked that the ECB would continue with accommodative monetary policy...

Next week, key economic data points will be the focus of markets as the end of quarter earnings lull comes to an end. However, a few key earnings reports are expected and could also move markets. Key Earnings Earnings from key companies next week including Lennar (NYSE: LEN), General Mills (NYSE:...

Futures Lower After New Record Highs U.S. equity futures traded lower in early pre-market trade after the S&P 500 made new record highs again Wednesday. However, strength in bonds and the yen could have been precursors to a pull-back, which many analysts would see as healthy at these levels....

Futures Rise On Alcoa Beat U.S. equity futures rose slightly in pre-market trade following a positive report from economic bellwether Alcoa (NYSE: AA). Alcoa reported first quarter EPS ex-items of $0.11 which beat estimates of $0.08 but sales fell slightly short of the forecast. Alcoa also...

U.S. equity futures slipped in early trade Tuesday as fears over the finances of Spain once again dominated the markets. Rising bond yields for Spain may force it into a bailout, allowing ECB President Mario Draghi to launch his new plan and purchase Spanish bonds to keep yields lower. Also,...