Jeffrey M. Lacker served over 12 years as President and CEO of the Federal Reserve Bank of Richmond, from August 2004 to April 2017. From August 2018 to May 2022, Lacker was a Distinguished Professor in the Department of Economics at the Virginia Commonwealth University School of Business. Prior to being named President of the Richmond Fed, Lacker served as Senior Vice President and Director of Research. Lacker was an assistant professor of economics at the Krannert School of Management at Purdue University from 1984 to 1989 before joining the Richmond Fed in 1989 as an economist. He has published research in monetary economics, banking and financial intermediation, financial contracts and payment economics. While at the Richmond Fed, he taught at The College of William and Mary from 1992 to 1993, and was a visiting scholar at the Swiss National Bank in 1997. Lacker received a bachelor’s degree in economics from Franklin & Marshall College in 1977. Following graduation, he joined Wharton Econometrics in Philadelphia, Pennsylvania, and went on to earn a doctorate in economics from the University of Wisconsin in 1984.