Fed's Lockhart: Ambivalent on a June FOMC rate hike

Author: Eamonn Sheridan | Category: Central Banks

President the Federal Reserve Bank of Atlanta, Dennis Lockhart speaking.

Headlines via Reuters:
  • Says he is ambivalent on whether to raise interest rates in June
  • Brexit could be a source of heightened global uncertainty
  • Says worried that Q1 GDP lull may persist
  • Wage growth remains tepid
  • For time being favoring strong job gains over weak GDP data
  • Says been disappointed on domestic demand growth
  • Says consumer fundamentals remain solid, still sees economy growing at moderate pace

            text of Lockhart's comments here
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