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Fed’s Lockhart: Two rate hikes this year ‘certainly possible’, flags Brexit risk
May 3, 2016 by publisher · Leave a Comment
The United States could see two further interest rate rises this year but uncertainties abound including the impact on the U.S. economy should Britain vote to leave the European Union, Atlanta Fed President Dennis Lockhart said on Tuesday. On that front, Lockhart said that incoming data between now and the Fed's next meeting on June 14-15 “is not comprehensive by any stretch of the imagination” and that the upcoming Brexit vote in Britain raised risks. “It is…
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Fed’s Lockhart: Two rate hikes this year ‘certainly possible’, flags Brexit risk