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

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)

You May Also Be Interested In

• Fed seen likely to raise rates next week after inflation report
• Uk Pays Highest Yield For Bond Sale Since At Least 1998 - Bloomberg
• Trump: Canada Must Restore Reciprocity For US Farmers And Firms