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Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, also said the U.S. economy has been growing at about a 2 percent rate, “stuck in a slow-growth mode,” with inflation close to the FOMC’s explicit target of 2 percent.

Photographer: Jonathan Alcorn/Bloomberg

Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, also said the U.S. economy has been growing at about a 2 percent rate, “stuck in a slow-growth mode,” with inflation close to the FOMC’s explicit target of 2 percent.
November 01, 2012
Article
Lockhart Says Fed Shouldn’t Tie Policy to Jobless Rate
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