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Fed's Lockhart (more again): Fed not behind curve on inflation

Federal Reserve Atlanta head Lockhart, more comments now:

  • Says Puerto Rico debt crisis unlikely to spill over into the rest of the US economy
  • Says there is a disconnect between anecdotal evidence from local business leaders and GDP data
  • Says the Fed is not getting behind the curve on inflation, has options on when to raise rates
  • Says incoming economic data will be major aspect of his decision-making on raising rates
  • No risk at moment that the economy is overheating
  • Says wonders if political uncertainty is affecting business investment or consumer activity

Earlier:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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