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    Lockhart (Fed)

    Dennis Lockheart has been speaking this afternoon with the following comments of particular interest:

    • On track for moderate US growth
    • Jobs number and Brexit justify patience
    • Should look at data after Brexit
    • Expect 2 hikes in 2016
    • Fed will remain data dependent 

    Later Fed chair Yellen will be speaking, with the speech marking the final time any voting members will be making public comments before next week’s meeting. 

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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