Hawkish comments from Lockhart:
- Economic data mixed, 'a touch more downside risk' in recent weeks
- Liftoff decision hinges on incoming data, especially consumer activity
- Sees rates liftoff relatively soon
- Still expects inflation to rebound in medium term as transitory factors fade
His comments were released about 10 minutes before they were scheduled. Lockhart was also hawkish before the Sept FOMC so he's not the best barometer and he hedges pretty hard by pointing to incoming data.
