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Lockhart Expects Fed Rate Hikes in December and First Quarter

Original: Lockhart Sees Fed Rate Hikes in December and 1Q, Risk Rising Oil Prices Lead to More

Former Atlanta Fed President Dennis Lockhart says he expects the Federal Reserve to raise interest rates in December and again in the first quarter. He warns that rising oil prices carry the risk of forcing additional hikes beyond that. The comments come as markets weigh the outlook for monetary policy against inflation pressures from energy costs.

Why now: Investors are focused on the Fed's rate path amid rising oil prices and inflation concerns

Dennis LockhartFederal Reserve

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• Lockhart Sees Fed Rate Hikes in December and 1Q, Risk Rising Oil Prices Lead to More · Kathleen Hays Presents: Central Bank Central

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