Atlanta Fed President Dennis Lockhart — who is a middle-of-the-road Fed member — is raising questions about a September taper in an interview with MNI.
- Tapering ‘early as September’ but not necessariliy
- Curtailing QE not definite if economy ‘moping along
- Wouldn’t rule out tapering at October FOMC
- No reason why Bernanke couldn’t call Oct press conference
- Bond yields now reflect ‘optimistic’ economic outlook
Dovish comments that crossed a short time ago and have been weighing on the dollar.