Lockhart speaks with reporters

  • Could 'easily' be persuaded that three hikes warranted this year
  • Sitting on fence between 2-3 hikes
  • Crafting fiscal policy could take longer than thought
  • Wage increases less encouraging in last report
  • Trade policy could be negative risk
  • Stimulus, tax reform and deregulation are upside risks

So Lockhart is thinking something like June, Sept, Dec as a timeline for hikes.