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In second exclusive interview with MNI,.........>

FED
FED: In second exclusive interview with MNI, ex-Fed member Lockhart states that
there is no need for the Federal Open Market Committee this week to drop the
word "accommodative" in describing its monetary policy stance, as the fed funds
rate remains below estimates of its neutral setting:
"I don't think they have to change it at this meeting. It remains factually
accurate," Lockhart said.
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MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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