July 14, 2016 / 4:55 PM / 3 years ago

Fed's Lockhart says two rate increases still possible this year

A man walks past the Federal Reserve Bank in Washington, D.C., U.S. December 16, 2015. REUTERS/Kevin Lamarque/File Photo

VICTOR, IDAHO (Reuters) - The Federal Reserve may still raise rates as many as two time times this year depending on how the economy evolves, Atlanta Fed President Dennis Lockhart said on Thursday.

Though urging a patient approach, “I still can imagine circumstances in which at least one policy move could take place and possibly two. Of course it will depend on the economy.”

Reporting by Howard Schneider; Editing by Andrea Ricci

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below