Atlanta Fed President Dennis Lockhart: the time of the interest rate hike by the Fed is nearing

Noticias del mercado

11 agosto 2015

Atlanta Fed President Dennis Lockhart: the time of the interest rate hike by the Fed is nearing

Atlanta Fed President Dennis Lockhart said on Monday that the time of the interest rate hike by the Fed is nearing.

"I think the point of 'lift-off' is close," he said. Lockhart noted that the U.S. economy has largely returned to normal.

He added that the interest rate hike in September is possible, and the increase in the interest rate would be gradual.

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

The Halle Institute for Economic Research: the German government benefited from the debt crisis in Greece and several other Eurozone countries

Oil prices tumbled

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