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Enough data for a rate hike in October – Fed’s Lockhart

FXStreet (Mumbai) - Fresh comments from Fed’s Lockhart indicate policymakers sees a probability of a rate hike in October, but is more inclined about the same happening in December.

Key quotes

There is potential, we have enough data for the October rate hike, but a lot more in December.

100K jobs per month is enough to push the unemployment rate down.

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