Friday, March 30, 2012

Fed's Lockhart says can't rule out more stimulus

photoATLANTA (Reuters) - The Federal Reserve cannot rule out additional monetary easing even if steady growth and "acceptable" inflation make it harder to justify fresh action, a top Fed official said on Monday. Dennis Lockhart, president of the Atlanta Fed, said he expects the U.S. economy to grow between 2.5 percent and 3 percent this year, but noted risks remain from consumers' shaky financial position and Europe's unresolved banking problems. ...


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