[ skip to content ]

News @ ODU

Federal Reserve Bank of Richmond President to Address Economics Club of Hampton Roads

Jeff Lacker, president of the Federal Reserve Bank of Richmond, will speak to the Economics Club of Hampton Roads on Wednesday, May 2.

Lacker, who is the seventh chief executive of the Fifth District Federal Reserve Bank, will speak at 12:30 p.m. at the Norfolk Sheraton Waterside. Registration begins at 11:30 a.m., and lunch is served at noon. The event is free for Economics Club members, and $50 for non-members.

Lacker began his term in 2004. A native of Lexington, Ky., he received a B.A. in economics from Franklin and Marshall College in Pennsylvania. He earned a Ph.D. in economics in 1984 from the University of Wisconsin.

In his position as Richmond Fed president, Lacker oversees a region encompassing Virginia, Maryland, the Carolinas, the District of Columbia and most of West Virginia.

As part of the nation's central bank, the Richmond Fed is one of 12 regional Federal Reserve Banks that work together with the Federal Reserve's Board of Governors to manage the nation's money supply to keep inflation low and help the economy grow. The Federal Reserve system also supervises and regulates financial institutions to help safeguard the nation's financial system and protect the integrity and efficiency of its payments system.

Lacker is the author of numerous articles in professional journals on monetary, financial and payment economics, and has presented his work at several universities and central banks. In 1992-93 he taught at the College of William and Mary, and in 1997 he was a visiting scholar at the Swiss National Bank.

He is a member of the Executive Committee of Venture Richmond and serves as a director on the boards of the Council for Economic Education, the Richmond Jewish Foundation, the World Affairs Council of Greater Richmond and Richmond's Future. He is also a member of the advisory board of ROSMY and serves on the University of Richmond Board of Trustees.

The Economics Club of Hampton Roads is an organization for business and government executives and community leaders who share an interest in the practical implications of economic principles, trends and events. It was established in 1991 as a community service by former ODU President James V. Koch, and is administered by the dean of the College of Business and Public Administration, under the supervision of an elected board.

For information about the Economics Club, contact executive director Bruce Rubin at brubin@odu.edu or 683-3590, administrative assistant Katrina Davenport at kdavenpo@odu.edu or 683-5138, or visit the website http://bpa.odu.edu/bpa/econcontacts.shtml.