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ECB, BoC, RBA, Fed: Central Bank Watch 2.0, Predicting More Twist
Wednesday, June 6, 2012 - 9:54am | 935On Monday, I highlighted that this week was was full of central bank activity, with speeches from officials and rate decisions around the world. So far, the Bank of Canada, the Royal Bank of Australia, and the European Central Bank have all reported, so let us recap the decisions there. Also, many...
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Highlights From Lockhart's Speech
Wednesday, August 31, 2011 - 1:20pm | 161Atlanta Federal Reserve President Dennis Lockhart is out making some comments about the economy, and he is pretty comfortable with how the Federal Reserve is acting, in light of recent comments from some Fed officials. Lockhart has revised down his personal GDP projections for 2011, and 2012, but...
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Today's Economic Reports
Wednesday, August 31, 2011 - 8:08am | 166There is a slew of economic reports today, with all of them being market moving. The August ADP employment report, Chicago PMI, and July factory orders are going to be released today. The August ADP employment report is going to be released at 8:15 a.m., and economists are expecting 100,000...
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Lockhart Setting The Table For QE3?
Monday, August 15, 2011 - 2:25pm | 504One round of drinks gets you loose, two rounds of drinks gets you a little looser, and a third round of drinks is more than likely to leave you drunk, and with a hangover the next morning. So why is Federal Reserve Bank of Atlanta President Dennis Lockhart talking about a third round of...
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Dennis Lockhart Does Not Expect Rate Hikes By Year End
Wednesday, April 6, 2011 - 9:31am | 98Dennis Lockhart said today that he does not see the need to raise interest rates before 2011 is up, in comments obtained by Reuters. "I wouldn't rule it out entirely, but at this stage, I am personally not leaning in the direction of thinking that that's absolutely warranted," Lockhart told...
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Lockhart Says Economy On The Mend
Monday, January 31, 2011 - 1:30pm | 121President of the Atlanta Federal Reserve Dennis Lockhart said he's seeing encouraging signs in the economy, and that inflation will not be much of a problem over the next couple of years. Speaking at Miami Dade College, Lockhart said, ""The moderate pace of economic expansion seems to have momentum...
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Fed's Lockhart in Favor of 'Additional Monetary Stimulus'
Monday, October 18, 2010 - 1:36pm | 210Atlanta Fed President Dennis Lockhart said Monday that the U.S. economy is weak enough to justify further monetary easing by the Federal Reserve. "I am leaning in favor of additional monetary stimulus while acknowledging the longer-term risks the policy may present," Lockhart told a Rotary Club...
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News Summary (SNWL, TGT, AMZN, AAPL, BKS, SNE)
Thursday, June 3, 2010 - 10:31am | 360According to Dennis Lockhart, President of Atlanta Fed, the US economy has become strong enough for the Federal Reserve to consider hiking interest rates. He said, "The time is approaching when it will be appropriate to consider recalibrating interest rate policy. I do not believe that time has yet...