Atlanta Fed President

  • will wait and see data before deciding if for the rate hike this year is appropriate
  • still some uncertainty about whether the US economy is at full employment
  • if no risk of overheating there is a possibility for the Fed to be more patient in rate increases
  • is opens the possibility that neutral rate of interest may have moved higher
  • contacts in business do not give the impression that economy is about to over heat
  • need to get rates to neutral and not there yet