• Federal Reserve Bank of Atlanta President Dennis Lockhart prefers the Fed will start to raise its interest rate in July or September

Market news

7 April 2015

Federal Reserve Bank of Atlanta President Dennis Lockhart prefers the Fed will start to raise its interest rate in July or September

The Federal Reserve Bank of Atlanta President Dennis Lockhart said in an interview Monday on Monday that he prefers the Fed will start to raise its interest rate in July or September. He added that the Fed will have more data, and that the first quarter was "anomalous again".

The Federal Reserve Bank of Atlanta president expects a rebound in the second quarter.

Lockhart is a voting member of the Federal Open Market Committee this year.

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