• Federal Reserve Bank of Atlanta President Dennis Lockhart still expects the Fed to raise its interest rate this year

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25 agosto 2015

Federal Reserve Bank of Atlanta President Dennis Lockhart still expects the Fed to raise its interest rate this year

Federal Reserve Bank of Atlanta President Dennis Lockhart said on Monday that he still expects the Fed to raise its interest rate this year.

"I expect the normalization of monetary policy-that is, interest rates-to begin sometime this year. I expect normalization to proceed gradually, the implication being an environment of rather low rates for quite some time," he said.

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

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