Name: Jeffrey M. Lacker

Summary: Lacker: Fed Taking Risks With Economy at Full Employment: "Federal Reserve Bank of Richmond President Jeffrey Lacker said the U.S. is already at full employment and the central bank may risk overheating the economy as it attempts to drive additional job gains. With the unemployment rate at 5.1 percent, the central bank has achieved its goal and "exhausted relevant slack in the labor market," the Richmond Fed chief said."

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: October 8, 2015

Publication Date: October 9, 2015

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