Enough data for a rate hike in October – Fed’s Lockhart

FXStreet (Mumbai) – Fresh comments from Fed’s Lockhart indicate policymakers sees a probability of a rate hike in October, but is more inclined about the same happening in December.

Key quotes

There is potential, we have enough data for the October rate hike, but a lot more in December.

100K jobs per month is enough to push the unemployment rate down.

Fresh comments from Fed’s Lockhart indicate policymakers sees a probability of a rate hike in October, but is more inclined about the same happening in December.

(Market News Provided by FXstreet)