Fed's Latest Stimulus Lacked Unanimous Support

Originally published on September 15, 2012 5:48 pm

Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, was the lone dissenting vote in a 12-member body that authorized a new, open-ended round of quantitative easing this week designed to tackle the persistently high unemployment rate. Lacker talks with weekends on All Things Considered host Guy Raz about his vote and the stimulus.