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    Federal Reserve Bank of Atlanta President Dennis Lockhart: the June to September period remained a “reasonable time frame” to hike interest rates | 01.04.2015

     

    The Federal Reserve Bank of Atlanta President Dennis Lockhart said on Wednesday that the U.S. economy will pick up in the second quarter. He added that a slowdown in the economy in the first quarter was temporary.

     

     

    Lockhart noted that the June to September period remained a "reasonable time frame" to hike interest rates.

     

     

    The Federal Reserve Bank of Atlanta president believes that more people are not recorded in official unemployment figures.

     

     

    Lockhart is a voting member of the Federal Open Market Committee this year.


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