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4 May 2016
Fed's Lockhart: Fed not behind curve on inflation
President the Federal Reserve Bank of Atlanta, Dennis Lockhart, notes Fed not behind curve on inflation.
Headlines
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
Headlines
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