Fed's Lockhart (more again): Fed not behind curve on inflation

Author: Eamonn Sheridan | Category: News

Federal Reserve Atlanta head Lockhart, more comments now:

  • Says Puerto Rico debt crisis unlikely to spill over into the rest of the US economy
  • Says there is a disconnect between anecdotal evidence from local business leaders and GDP data
  • Says the Fed is not getting behind the curve on inflation, has options on when to raise rates
  • Says incoming economic data will be major aspect of his decision-making on raising rates
  • No risk at moment that the economy is overheating
  • Says wonders if political uncertainty is affecting business investment or consumer activity


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