Fed’s Lockhart: Nearing Point Where ‘Downward Adj’ Appropriate

The U.S. economy is gradually improving and approaching a point where a “downward adjustment” to the Federal Reserve’s accommodative monetary policy would be appropriate, Atlanta Federal Reserve President Dennis Lockhart said Monday. “That’s not to say the June meeting, but we are approaching a p…

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Fed’s Lockhart: Nearing Point Where ‘Downward Adj’ Appropriate