Atlanta Federal Reserve President predicts recovery will continue

Dennis Lockhart, President of  the Atlanta Federal Reserve Bank expects economy to keep growing. He does not see rising interest rates adversely affecting the housing recovery. He predicts job growth will lumber along at the marginal rate of 170,000 - 200,000 jobs a month. The world is watching to see what happens at the September 18th  Feds Open Market Committee meeting where interest rates are affected by the Feds buying $85 billion of bonds monthly. The committee may recommend this be cut back. Lockhart noted that there are highly skilled jobs, and low skill income jobs available in the economy. Unfortunately, jobs are scarce for the large middle class.