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Speaking at an event in New Orleans, Atlanta Fed President Dennis Lockhart (non-voter) said that markets pose a serious threat to the economy. "Today we're in the midst of very stressed financial markets with the potential of doing serious damage to the broad economy - Main Street in the current...
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Atlanta Fed President Dennis Lockhart welcomed the recent rise in the U.S. dollar, but said home prices in the U.S. could fall another 10-15%. Following a speech at an Economic Outlook Conference in Atlanta Wednesday, Lockhart said " housing prices will continue to decline," perhaps by as much as 15...
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Atlanta Fed President Dennis Lockhart (non-voter) said the U.S. economy continues to face significant uncertainty and risks, but that he expects an improvement in growth in the second half of the year. Speaking to the Jacksonville Chamber of Commerce, Lockhart said inflation is at uncomfortable levels...
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Speaking at a conference on Saturday, Dennis Lockhart, Atlanta Fed President (non-voter) said inflation levels were 'elevated' and that a slowing U.S. economy would have global repercussions . He also pointed out that the U.S. economic slowdown was technically not a recession and that the second quarter...