Name: Dennis P. Lockhart
Summary: Lockhart Says Improving U.S. Job Market Supports '15 Liftoff: "Federal Reserve Bank of Atlanta President Dennis Lockhart said an improving U.S. job market warrants an interest-rate increase this year, reinforcing the message from other officials in recent days that they remain on track for liftoff in 2015. "We are getting much closer to the finish line from the point of view of whatever you would consider full employment," Lockhart told reporters Monday after a speech in Orlando, Florida. "I would expect to continue to make progress. So the beginning of normalization of interest rates I think is quite justifiable in the context of continuing progress of multiple measures of employment.""
Lean: Hawkish
Substantially Similar to Prior Statements: No
Statement Date: October 12, 2015
Publication Date: October 12, 2015
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