Fed has room for more rate increases in 2017, Lockhart says

THE FEDERAL Reserve has room for two more rate increases this year, as the economy seems “reasonably close” to full employment and is likely to gather pace, former Federal Reserve Bank of Atlanta President Dennis Lockhart said.  / BLOOMBERG NEWS PHOTO
THE FEDERAL Reserve has room for two more rate increases this year, as the economy seems “reasonably close” to full employment and is likely to gather pace, former Federal Reserve Bank of Atlanta President Dennis Lockhart said. / BLOOMBERG NEWS PHOTO
WASHINGTON - The Federal Reserve has room for two more rate increases this year, as the economy seems “reasonably close” to full employment and is likely to gather pace, former Federal Reserve Bank of Atlanta President Dennis Lockhart said. “The committee is pretty solidly optimistic about the outlook for at least the medium term, and…

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