Dennis Lockhart

U.S. economy is on track to grow 1.1 % in the third quarter according to a forecast by the Atlanta Federal Reserve.
Federal Reserve Bank of Atlanta President Dennis Lockhart said the central bank may ease beyond its current plan to buy mortgage-backed securities if the labor market doesn’t show signs of greater strength.
Federal Reserve Bank of Atlanta President Dennis Lockhart said recent U.S. economic reports, including weakness in the labor market, indicate the recovery may be losing momentum after last year’s fourth quarter.