Wednesday, April 3, 2013

Debate between Evans and Lacker

The Virginia Commonwealth University's School of Business hosted a discussion between two Presidents of Federal Reserve Banks, Jeff Lacker from Richmond and Charlie Evans from Chicago. They represent the two extremes of the positions taken by members of the Federal Open Market Committee. Lacker argues for monetary restraint while Evans thinks the Fed should attack high unemployment like "our hair was on fire."

A video, with a link to the slides used by Evans.

The press release from the Richmond Federal Reserve Bank, with video and slides.

The Washington Post – story includes link to our School of Business website 
http://www.washingtonpost.com/business/economy/fed-officials-debate-stimulus-inflation-policies/2013/04/02/545d3e62-9c05-11e2-9a79-eb5280c81c63_story.html

The Wall Street Journal – mentions Virginia Commonwealth University 
http://blogs.wsj.com/economics/2013/04/02/hawk-vs-dove-fed-officials-face-off/

The New York Times – mentions Virginia Commonwealth University 
http://www.nytimes.com/2013/04/03/business/a-debate-in-the-open-on-the-fed.html?_r=0

Reuters – syndicated worldwide, mentions Virginia Commonwealth University 
http://www.reuters.com/article/2013/04/03/us-usa-fed-lacker-evans-idUSBRE93201120130403

Bloomberg – mentions Virginia Commonwealth University
http://www.bloomberg.com/news/2013-04-03/fed-lacker-evans-clash-pits-japan-specter-against-70s-inflation.html

Richmond Times-Dispatch – VCU School of Business Foundation in headline 
http://www.timesdispatch.com/business/economy/federal-reserve-presidents-differ-on-monetary-policy/article_c941f754-6f59-54e4-9250-d7fbed9684d3.html

MNI Deutsche Borse Group – mentions Virginia Commonwealth University Business School 
https://mninews.marketnews.com/index.php/feds-lacker-evans-square-debate-over-mon-pol-risks?q=content/feds-lacker-evans-square-debate-over-mon-pol-risks

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