Fed’s Lockhart says market is well prepared for liftoff

By FXStreet FXStreet (Mumbai) – Fed’s Lockhart, while speaking to CNBC, said the financial markets are well prepared for the interest rate liftoff.

Lockhart refrained from stating the liftoff’s exact time, but markets believe a 25bps or less than 25 bps move may happen at the Dec 16th meeting. “Watch the dots for where the Fed Funds Rate might go”, Lockhart added.
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Source:: FX Street