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