Lockhart: 75 Basis Point Federal Reserve Hike Likely, Can’t Rule Out 100

Lockhart: 75 Basis Point Federal Reserve Hike Likely, Can't Rule Out 100

Former Federal Reserve Bank of Atlanta President Dennis Lockhart discusses the central bank’s policy. The Fed is expected to again hike by 75 basis points Wednesday. Market participants have dialed back expectations of an even larger increase and only two of 96 economists in a Bloomberg survey now predict a full-point move. Lockhart speaks with Kathleen Hays, Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Australia.”

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