Lockhart on Bloomberg

  • The US is still short of the Fed's twin goals but not by much

  • Fed is nearing objectives despite weak growth

  • Would like to see modest above trend growth

  • He supported decision to keep rates on hold

  • FOMC statement suggested a hike could occur before long

Good old Mr Two Hikes needs to hit a homerun in Nov and Dec now, and he said a "serious discussion" was needed at the Sep meeting. Time to get the Tippex out on his dot plot ;-)