May 4, 2016 / 12:56 AM / 3 years ago

Fed's Lockhart: Political uncertainty may be impacting consumer spending

Dennis Lockhart, President, Federal Reserve Bank of Atlanta, takes part in a panel discussion at the Milken Institute Global Conference in Beverly Hills, California May 1, 2012. REUTERS/Danny Moloshok

JACKSONVILLE, Fla. (Reuters) - Atlanta Federal Reserve President Dennis Lockhart said on Tuesday that U.S. political uncertainty may be affecting consumer spending.

“What interests me if whether political uncertainty is influencing business investment decisions or consumption,” Lockhart told reporters following a speech in Jacksonville, Florida.

“I am prepared to believe there is some effect,” he added.

Reporting by Lindsay Dunsmuir; Editing by Sandra Maler

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