March 3rd, 2011 17:13:42 GMT.

He said vigilant!


But alas, he is not Trichet..He is Dennis Lockhart of the Atlanta Fed. Lockhart says the Fed must include the risk of an oil shock into its economic outlook and be vigilant for signs of oil fueling (his words)¬† broader … Continue reading


March 2nd, 2011 20:12:18 GMT.

Lockhart: Economy has reasonable momentum


Recovery likely to be sustained into next year Base case is sustained moderate recovery Muni debt a moderate downside risk to economic outlook Would be wise to see QE2 through to conclusion


March 2nd, 2011 19:00:54 GMT.

Beige Book: Economy continued growing at moderate pace


Retail sales increased in all districts in early 2011 except Atlanta, Richmond Manufacturers report greater ability to pass through higher prices to customers Some retailers have already passed on price hikes or intend to do so Wage pressures minimal


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