Fed's Lockhart Brexit comments highlighted as June Fed hike impediment
Fed Atlanta head Dennis
the Menace Lockhart spoke earlier
- "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
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.