The Fed’s Lockhart spoke with the Wall Street Journal today in addition to his earlier comments.
“In the short time between now and the October meeting, I don’t think there will be an accumulation of enough evidence to dramatically change the picture” about where the economy now stands, Lockhart said.
As quickly as Bullard seemed to put an October taper on the table on Friday, Lockhart has pulled it off.
Update: now the full WSJ story is up on the web. It doesn’t add much, he acknowledged the October is a live meeting and said:
“I don’t have expectations that the fog will clear dramatically between now and October.”
