Fed's Lockhart Brexit comments highlighted as June Fed hike impediment

Author: Eamonn Sheridan | Category: Central Banks

Fed Atlanta head Dennis the Menace Lockhart spoke earlier

On the Brexit vote, he said it could "loom large" at the next FOMC policy meeting
Reuters have a recap:
  • "Brexit could be a source of heightened global uncertainty ...  (it) has some potential to loom large as we approach the June meeting."
  • Earlier in the day, Lockhart also flagged risks to the U.S. economy posed by Britain's referendum on European Union membership, which takes place a week after the Fed next meets on June 14-15

There is more on Lockhart here at the Reuters piece.

And yes, this is something to keep an ey on as we approach the June FOMC meeting.

Pretty much all the polls I am seeing lately have the 'stay n the EUR' vote far ahead of 'exit'. That's eems to me as if it will be the result on the day,; still though, I'm not taking anything as a certainy just yet.

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