Fed's Lockhart Says Global Markets Drop Won't Hurt U.S. Outlook

  • Atlanta Fed chief says his `bias' is for no January rate rise
  • Lockhart says recent data `mixed' and 4th quarter weak

Federal Reserve Bank of Atlanta President Dennis Lockhart said he favors continued tightening of monetary policy this year, and a global selloff in stock markets is unlikely to affect the U.S. economy.

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