The actual comment doesn't quite live up to the hype
"How much will we know about inflation trends or inflation developments going into the mid-March meeting? We will have some data but not a great deal more," Lockhart told reporters.
I highlighted the article as the first real hint we've had that the Fed will avoid hiking rates in March.
It's an important headline and it was what caused a turnaround in the stock market but it's not quite a smoking gun or full-scale retreat from the Fed.
