Fed’s Lockhart Says Bar High for Not Hiking Rates Next Month
- Atlanta Fed chief says move warranted on basis of U.S. economy
- ‘Other things that go on’ in world could give pause, he says
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Federal Reserve Bank of Atlanta President Dennis Lockhart signaled the U.S. central bank was on track to raise interest rates next month, provided nothing intervened to give policy makers “pause.”
“There’s a relatively high bar, at least in pure economic terms, a relatively high bar to not moving in December,” Lockhart told reporters Friday in Orlando, Florida. “There are other things that go on in the world that could give pause and I don’t completely rule them out,” he said, without providing specifics.