Comments from Atlanta Fed President Lockhart:
- Sees US GDP growth around 3% in 2015
- Confidence in inflation forecast pivotal for liftoff
- Sees inflation gradually rising after weak 2015 start
- Fed should be cautious on liftoff
- Most serious risk is weak global growth
- US economy ‘hitting on all cylinders’ and setting stage for mid-2015 liftoff
There’s nothing here we haven’t heard before from Lockhart.
