Federal Reserve's Lockhart would vote for September rate rise

August 4, 2015 8:16 PM

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Atlanta Federal Reserve president Dennis Lockhart has said it would take "significant deterioration" in the US economy for him to not support a rate hike in September, according to the Wall Street Journal.

"I think there is a high bar right now to not acting, speaking for myself," Lockhart said in an interview with the newspaper published on Tuesday. "It will take a significant deterioration in the economic picture for me to be disinclined to move ahead."

Also read: Yellen Says Fed Not Behind the Curve, Backs Gradual Rate Rises

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