Comments from Atlanta Fed President Lockhart
– Oct jobs report was quite satisfactory
– It’s ‘prudent’ to expect rising rate environment
– Fed close to achieving its policy goals
Lockhart has been on the hawkish side of the Fed for awhile. There is still one jobs report before the December Fed and there’s an election to get through but if Clinton wins without controversy and/or markets don’t roll over on the result, then a December Fed hike is close to a done deal.
