mishtalk.com / Mike “Mish” Shedlock / November 5, 2016 7:54:13
Atlanta Fed president Dennis Lockhart says Bar High for Not Hiking Rates Next Month.
Lockhart, who is retiring in February, also made an amusing comment about willingness to run the economy extremely hot.
Federal Reserve Bank of Atlanta President Dennis Lockhart signaled the U.S. central bank was on track to raise interest rates next month, provided nothing intervened to give policy makers “pause.”
“There’s a relatively high bar, at least in pure economic terms, a relatively high bar to not moving in December,” Lockhart told reporters Friday in Orlando, Florida. “There are other things that go on in the world that could give pause and I don’t completely rule them out,” he said, without providing specifics.
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