- Analytics
- News and Tools
- Market News
- Atlanta Fed President Dennis Lockhart: the Fed could still start raising its interest rates in 2015
Atlanta Fed President Dennis Lockhart: the Fed could still start raising its interest rates in 2015
Atlanta Fed President Dennis Lockhart said on Monday that the Fed could still start raising its interest rates in 2015.
"As things settle down, I will be ready for the first policy move on the path to a more normal interest rate environment. I am confident the much-used phrase later this year is still operative," he said.
Lockhart noted that the U.S. economy was "performing solidly".
Atlanta Fed president said that he voted for keeping interest rates unchanged last week.
"I supported the decision last week to hold off. The altered risk picture relative to the economic outlook was decisive in my thinking. I thought it prudent to wait to evaluate whether recent developments change the outlook," he said.
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
