Fed's Lockhart: it's been a slow, frustrating U.S. recovery

FORT LAUDERDALE, Fla. Thu Dec 5, 2013 9:10am EST

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FORT LAUDERDALE, Fla. Dec 5 (Reuters) - The U.S. economic recovery has been slow and frustrating and the United States is not yet close to an "optimal employment picture," Atlanta Fed President Dennis Lockhart said on Thursday.

Addressing an audience of bankers and business people, the U.S. central banker added he didn't believe the U.S. stock market was in "bubble territory."

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