Atlanta Fed President Dennis Lockhart would be ready to start raising interest raise soon

Market news

18 November 2015

Atlanta Fed President Dennis Lockhart would be ready to start raising interest raise soon

Atlanta Fed President Dennis Lockhart said on Wednesday that the Fed's targets are met and he would be ready to start raising interest raise soon.

"I am comfortable with moving off zero soon, conditioned on no marked deterioration in economic conditions. I believe it will soon be appropriate to begin a new policy phase," he said.

Lockhart added that he will analyse the incoming economic data.

Richmond Fed President Jeffrey Lacker has not changed his view that the Fed should start raising its interest rates

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