Fed's Lockhart says policymakers 'burned' by crisis now cautious

September 23, 2015 1:13 PM EDT

COLUMBUS, Ga (Reuters) - Atlanta Federal Reserve President Dennis Lockhart said on Wednesday the Fed's decision to delay a rate hike last week shows natural caution after the deep shock of the 2007 to 2009 financial crisis and recession.

"That reflects some learning from the experience...That we have been burned," Lockhart said.

(Reporting by Howard Schneider; Editing by Andrea Ricci)



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