Fed's Lockhart says Yellen kept March meeting live for interest-rate hike

Fed Chairwoman Janet Yellen's two-days of testimony to Congress earlier this week signaled there will likely be interest-rate hikes this year and she kept the door open for a March meeting, said Dennis Lockhart, the head of the central bank's Atlanta regional bank, on Thursday. Lockhart is retiring from the Atlanta Fed at the end of the month and will not attend the Fed's next policy meeting on March 14-15. In an interview on Bloomberg TV, Lockhart said recent data suggest the economy is on a "little stronger" path than he expected and he might have been "persuadable" to support a March......(read more)

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