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Fed's Lockhart sees growth rebound, no rush to raise rates
Reuters: The U.S. economy should rebound to a roughly 3 percent annual growth rate after a rocky start to 2014 and put the Federal Reserve on track to raise rates later next year, Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday.
Lockhart, who does not currently sit on the Fed's policymaking committee, said he was "not in a rush" for the central bank to end the era of loose monetary policy and begin raising rates.
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