- Analytics
- News and Tools
- Market News
- Atlanta Federal Reserve bank President Dennis Lockhart: the interest rate hike in the middle of the year will be appropriate
Atlanta Federal Reserve bank President Dennis Lockhart: the interest rate hike in the middle of the year will be appropriate
The Atlanta Federal Reserve bank President Dennis Lockhart said on Wednesday that he thinks the interest rate hike in the middle of the year will be appropriate. But interest rates could be hiked at each monetary policy meeting, he added.
Lockhart wants to be sure that the weak economic growth in the first quarter was temporary before raising interest rates. He noted that higher consumer spending is needed for the solid economic growth.
The Atlanta Federal Reserve bank president pointed out that the April labour market data will be very important to gauge economic momentum in the second quarter.
Lockhart is a voting member of the Federal Open Market Committee this year.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
