TeleTrade - Analytics


719.50 6.50/10
57% of positive reviews

02.12.2015 14:53 Atlanta Fed President Dennis Lockhart: the Fed could rise its interest rate this month

Atlanta Fed President Dennis Lockhart said in a speech on Wednesday that the Fed could rise its interest rate this month.


"Absent information that drastically changes the economic picture and outlook, I feel the case for liftoff is compelling," he said.


Lockhart noted that the next Fed's monetary meeting will be "historic" because it would be "the first increase in the policy interest rate in nearly 10 years".


Atlanta Fed president pointed out that the Fed's criterion of "further improvement in labour markets" has been met, while the downside effects on inflation were "transitory".


Lockhart is a voting member of the FOMC this year.

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree