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Atlanta Fed President Dennis Lockhart: Economic expansion's got momentum and should prove...

  • Monday, January 31, 2011, 12:14 PM ET
    Atlanta Fed President Dennis Lockhart: Economic expansion's got momentum and should prove sustainable - but let's not overstate it, Fed accommodation should continue. Expects gradual firming of underlying inflation through this year and next.
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  • "Besides, the banks still need more money," he added.
    31 Jan 2011, 12:30 PM Reply Like
  • Translation: As long as the Fed crack pipe stays lit, the illusion of recovery and prosperity will prevail. As soon as it is taken away, the financial sector will need to scrap its bonus programs which will diminish our priority charter.
    31 Jan 2011, 12:31 PM Reply Like
  • so what are you going to do, vote them out? LOL.
    31 Jan 2011, 12:43 PM Reply Like
  • Sure, stocks are up. So what?! Commodities are going to kill any real recovery... These guys are destroying our future! How long before we see riots in the U.S.?

    "Anger" does not adequately describe my feelings right now!!!
    31 Jan 2011, 01:52 PM Reply Like
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