I worked at the Federal Reserve Bank of Richmond from 1989 to 2017, and was President from 2004 to 2017. From 2018 to 2022 I was Distinguished Professor in the Department of Economics at the Virginia Commonwealth University School of Business in Richmond, VA. From 1984 to 1989 I taught at the Krannert School of Management at Purdue University. Early in my career I worked at Wharton Econometric Forecasting Associates.
You can find my academic and Federal Reserve publications from before 2017 at this Richmond Fed web page. This IDEAS/RePEc page provides a comprehensive list of my publications. All the speeches I gave as Richmond Fed President are here. Speeches and testimonies on central bank policy issues (as opposed to the current economic outlook) can be found under the "At the Fed" tab.
I am currently associated with the following organizations:
Shadow Open Market Committee, Member
Global Interdependence Center College of Central Bankers, Fellow
Richmond Jewish Foundation, Board of Directors, Chair
Council for Economic Education, Board of Directors
Virginia Council on Economic Education, Board of Directors
World Affairs Council of Greater Richmond, Board of Directors
University of Richmond, Trustee Emeritus
I am a proud husband, father and now grandfather. My wife, Lisa Halberstadt, teaches Jewish Meditation, Mindful Self Compassion and Wise Aging. My son, Benjamin Lacker, is a machine learning engineer at Spotify. My son, Daniel Lacker, is an associate professor at Columbia University in Industrial Engineering and Operations Research. His wife, Maria Abascal, is an assistant professor at New York University in Sociology.
Amateur sports car racing has been my hobby; there are some related links here.