Fed's Lockhart says risks of delaying rate hike not significant
ATLANTA (Reuters) - Atlanta Federal Reserve President Dennis Lockhart said on Monday the risks of the Fed waiting to raise interest rates were not significant, another reason he felt it wise to delay a hike until it was clear that global economic uncertainty would not hurt the U.S. economy.
"I don't think those risks are significant," Lockhart said.
(Reporting by Howard Schneider; Editing by Andrea Ricci)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Goldman Sachs closes short THB/INR trade for small gain
- BofA says US yen intervention may need stronger follow-up
Create E-mail Alert Related Categories
Fed, Forex, ReutersRelated Entities
Dennis LockhartSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share