Fed's Lockhart says 50/50 odds for Sept hike seem reasonable: report

WASHINGTON (Reuters) - A key Federal Reserve policymaker on Friday said it was reasonable to see the odds of a rate hike in September as roughly even.

"(The) most recent data I saw was about a 50 percent probability, so it’s 50-50 around the next meeting," Atlanta Fed President Dennis Lockhart told Bloomberg TV in an interview from Jackson Hole, Wyoming, referring to investor bets on the timing of a hike. "And that seems to me, given the current circumstances, a reasonable assessment of the situation."

(Reporting by Jason Lange and Krista Hughes; Editing by Chizu Nomiyama)

You May Also Be Interested In

• Wall St slips as higher yields offset upbeat corporate earnings
• U.S. to name former UN official as new Gaza aid envoy, say sources
• Starbucks loses appeal over union election at Seattle store