Fed Not in the ‘Danger Zone’ as Exit Approaches, Lockhart Says
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Federal Reserve Bank of Atlanta President Dennis Lockhart said he thinks the central bank can handle its exit from quantitative easing when the time comes, despite uncertainty caused by a balance sheet close to $4 trillion.
“At the moment, I don’t think we are in the danger zone,” said Lockhart, who is not a voting member of the policy-making Federal Open Market Committee this year. “The exit will be manageable when the time comes.”