Lockhart Says Fed Faces ‘Close Call’ on Additional Easing
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Federal Reserve Bank of Atlanta President Dennis Lockhart said the central bank has a tough decision on whether to add further stimulus to promote a stronger economic recovery.
“I think it is a close call, really,” Lockhart, who votes on monetary policy this year, said today in a CNBC interview from Jackson Hole, Wyoming. “I am not overly concerned with the longer-term costs of more action but at the same time I see limited benefit from more action.”