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Lockhart, Dennis on 2017 February 16

There is some exceeding of expectations going on.

In light of recent strong gains in consumer price inflation and continued vigor in hiring, "there is some exceeding of expectations going on," Mr. Lockhart said in a Wall Street Journal interview ahead of his retirement from the bank at the end of the month. … "I don't think there is an imperative to move in March, but I know it's a live meeting" and eligible for action, Mr. Lockhart said. "If I were part of the decision, I'd find myself persuadable about three moves," but he added that so far, he is still "largely comfortable" with expecting just two increases. Lockhart, Dennis

Wall Street Journal Interview

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