EghtesadOnline: The Federal Reserve has room for two more rate increases this year, as the economy seems “reasonably close” to full employment and is likely to gather pace, former Federal Reserve Bank of Atlanta President Dennis Lockhart said.

EghtesadOnline: Federal Reserve Bank of Atlanta President Dennis Lockhart signaled the U.S. central bank was on track to raise interest rates next month, provided nothing intervened to give policy makers “pause.”

EghtesadOnline: Atlanta Federal Reserve Bank president Dennis Lockhart will step down on Feb. 28 next year, the Atlanta Fed said on Tuesday, with a nationwide search planned for his replacement.

EghtesadOnline: Current economic conditions warrant a "serious discussion" of whether to raise interest rates at next week's Fed meeting, Atlanta Federal Reserve Bank president Dennis Lockhart said on Monday in remarks that may raise the likelihood of Fed action.