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Fed Officials Leave Door Open to June Hike If Justified by Data

  • Four regional Fed presidents speak about outlook for economy
  • June FOMC still a `live' meeting for move if economy on track
The Marriner S. Eccles Federal Reserve building in Washington, D.C.
Photographer: Andrew Harrer/Bloomberg

Four regional Federal Reserve presidents said they were open to considering an interest-rate increase in June, speaking on the eve of a monthly U.S. jobs report that could indicate whether the economy can handle a hike.

St. Louis Fed chief James Bullard, San Francisco’s John Williams, Robert Kaplan of Dallas and Atlanta’s Dennis Lockhart all stressed in separate remarks Thursday that policy would be data dependent and the June 14-15 meeting of the Federal Open Market Committee was on the table. All four take part in a panel debate at Stanford University later in the day.