Jeffrey Lacker

US Fed Sees ‘considerable Uncertainty’ Over Trump Fiscal Stimulus…

by

Policymakers at the Federal Reserve continue to see “considerable uncertainty” about the effects of possible fiscal stimulus from the Trump administration, according to meeting minutes released Wednesday. Members of the US central bank also pointed to looming elections in Europe — where a wave of populism has called prevailing trade policy into doubt — as … Read more

Threat of ‘hard Brexit’ Pulls Down Wall Street

by

U. S. stocks dropped on Tuesday as investors fretted about Britain’s exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months. It was the second straight session of losses on Wall Street, where investors were already on edge due to the uncertainty of a tight race ahead … Read more