Atlanta Fed President Dennis Lockhart said on Monday that the Fed could still start raising its interest rates in 2015.

"As things settle down, I will be ready for the first policy move on the path to a more normal interest rate environment. I am confident the much-used phrase later this year is still operative," he said.

Lockhart noted that the U.S. economy was "performing solidly".

Atlanta Fed president said that he voted for keeping interest rates unchanged last week.

"I supported the decision last week to hold off. The altered risk picture relative to the economic outlook was decisive in my thinking. I thought it prudent to wait to evaluate whether recent developments change the outlook," he said.

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