Jeffrey Lacker, president of the Federal Reserve Bank of Richmond,

Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, arrives at a session “Help or Harm: Central Bank Monetary Policies at the Outer Limits” during NABE Economic Policy Conference in Washington

Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, participates in a session titled, “Help or Harm: Central Bank Monetary Policies at the Outer Limits” NABE Economic Policy Conference in Washington March 5, 2013. REUTERS/Yuri Gripas