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Fed’s Lockhart, Dudley downbeat on outlook

From marketwatch.com

Two senior Federal Reserve officials speaking Monday expressed disappointment with the pace of the U.S. recovery, with one, Atlanta Fed President Dennis Lockhart, saying the economy may have lost dynamism. Two senior Federal Reserve officials speaking Monday expressed disappointment with the pace of the U.S. recovery, with one, Atlanta Fed President Dennis Lockhart, saying the economy may have lost dynamism. Statistics show that fewer businesses are expanding their workforces and workers are not leaving jobs for better opportunities, Lockhart said. Start-ups are finding it hard to get capital in the wake of the ... (full story)

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