While you were sleeping: Fed hike in April?

Mon, 21 Mar 2016

By Margreet Dietz March 22 (BusinessDesk) - Wall Street was mixed, while US Treasuries fell, as Federal Reserve Bank of Atlanta President Dennis Lockhart said the US economy might warrant an interest rate hike as early as April. “In my opinion, there is sufficient momentum evidenced by the economic data to justify a further step at one of the coming meetings, possibly as early as the meeting scheduled for end of April,” Lockhart said in prepared remarks for a speech in Savannah, Georgia. Last week a statement at the end of the latest t...

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