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Future Rates Insights from Dennis Lockhart, President of the Federal Reserve Bank of Atlanta

Thursday, April 1, 2010 - 7:36 AM
Some are saying we won't see significant rate hikes until unemployment falls back to pre-recession levels which could take years. However, as described in this AP article, Dennis Lockhart, President of the Federal Reserve Bank of Atlanta, said the following:
Calibrating monetary stimulus to a goal of bringing unemployment fully to pre-recession levels would be a mistake
The government will be releasing its March employment report on Friday.
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Ken TuminKen Tumin5,468 posts since
Nov 29, 2009
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