Fed's Lacker - rebel without a pause

This article published Wednesday 25 October notes that Richmond Fed president Jeffrey Lacker has become the first Federal Reserve policy-maker in eight years to dissent from his colleagues for three consecutive meetings.

"Lacker's vote takes the U.S. central bank back to the days of Jerry Jordan, who dissented at four straight meetings between March 31 and Aug. 18, 1998, in favor of tighter policy when he was Cleveland Fed Bank president," it says.

"Some Fed watchers say the Bernanke Fed is more

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