Lockhart does not rule out further stimulus


Dennis Lockhart, the president of the Atlanta Federal Reserve, on January 9 said he would not rule out further policy accommodation in the year ahead.

At the Rotary Club of Atlanta in Atlanta, Georgia, Lockhart, who is voting member of the Federal Open Market Committee (FOMC) in 2012, said: "Steady even if unspectacular growth, accompanied by inflation in the neighborhood of 2%, justifies some reluctance to change, in either direction, the FOMC's accommodative policy. At the same time, I think

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