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Fed Lockhart: Case for lift-off is compelling

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Córdoba) - President of Federal Reserve Bank of Atlanta, Dennis Lockhart said that the case for a rate hike is compelling, unless there is a dramatic shift in the data ahead of the meeting. He added that December FOMC meeting will be 'historic in character'.

    Speaking at Fort Lauderdale, Florida, Lockhart supported the view that low inflation is transitory and stated the US economy is closing in on full employment.
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