It’s too early to sound the 'all clear,' elevated and protracted uncertainty will not help growth prospects of an economy constrained by low business fixed investment...Uncertainty that reduces business fixed investment activity is not helpful.

Thursday Lockhart

Categorized in : Business

I don’t believe the (Federal Open Market Committee) is behind the curve in the setting of the policy rate. For that reason, I’m comfortable with a cautious and patient approach to policy in the near term, sometimes you just have to take some time and let the waters clear.

Thursday Lockhart