Fed's Lockhart Says Rising Rates to Create Risks for U.S. Banks

  • Atlanta Fed chief concerned real estate may 'overheat'
  • Lockhart tells bankers China and oil prices affect outlook

Margie Patel: No Fed Rate Hike Until Second Half of Year

Federal Reserve Bank of Atlanta President Dennis Lockhart said rising U.S. interest rates could undermine bank profits while their exposure to commercial real-estate also remains a risk.

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