Fed's Lockhart Says Interest-Rate Liftoff Case Is `Compelling'

  • Atlanta Fed chief says FOMC employment milestone has been met
  • Trimmed-mean measure of prices assures Lockhart on inflation

Why the Fed and ECB Are in Different Rate Cycles

Federal Reserve Bank of Atlanta President Dennis Lockhart said he favors raising interest rates this month, adding to signs that the central bank will proceed with its first increase since 2006.

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