Lacker sees continued clarity move for Fed

Richmond Fed president Jeffrey Lacker said Friday 20 January that Fed chairman-nominee Ben Bernanke will maintain the shift toward greater policy transparency.

"Under Bernanke, we will continue moving in the direction of shift toward greater communication with the public," he said.

Lacker, a voting member of the Fed's interest-rate-setting committee this year, was speaking at a breakfast sponsored by the Risk Management Association.

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