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Fed's Lacker announces resignation, says he was source of Medley leak

Richmond Federal Reserve President Jeffrey Lacker announced his immediate resignation after he admitted that he discussed sensitive information with an analyst regarding the Fed's plans for economic stimulus.

GBP/USD stays in a tight range above 1.24

Following a slip to a fresh daily low at 1.2418, the GBP/USD pair has been staying in a narrow 20 pip range during the NA session, looking for the nex
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Richmond Fed Statement on Jeffrey Lacker's Announcement

"The Federal Reserve places a high priority on safeguarding information. We expect every employee to comply with all relevant policies and procedures,
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