While you were sleeping Lockhart, US retail sales

Tue, 13 Aug 2013

By Margreet Dietz Aug 14 (BusinessDesk) - Wall Street advanced as comments by a US Federal Reserve official suggested not all policy makers believe September should mark the start of easing the central bank's bond-buying program. Atlanta Fed President Dennis Lockhart said the US economy has had an "uneven performance" and that he "would argue that recent data do not present a clear picture" about the potential timing to start tapering. "In my mind, the first adjustments to asset purchases, when they occur, should be the beginning of a proces...

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