Fed’s Lockhart eyes first rate hike mid-2015 or later

Economic conditions will continue to improve, allowing the Federal Reserve to start raising short-term interest rates between the mid-and late 2015, said Dennis Lockhart, the president of the Atlanta Fed, on Thursday. In a speech in Jackson, Miss., Lockhart said he was not concerned waiting until…

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Fed’s Lockhart eyes first rate hike mid-2015 or later

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