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FILE - In this Sept. 25, 2014 file photo, Dennis Lockhart speaks during a news conference in Jackson, Miss. Lockhart, a voting member of the Federal Reserve’s policy committee said Friday, Oct. 9, 2015, that he believes the economy is on a satisfactory track and that an increase in interest rates is likely to be appropriate in either October or December. (AP Photo/Jeff Amy)

Fed official says rate hike still seems appropriate by year's end but says outlook has dimmed

A voting member of the Federal Reserve's policy committee said Friday that he still thinks an interest-rate increase will be appropriate by year's end. Dennis Lockhart, president of the Fed's Atlanta regional bank, noted that the most recent economic figures have sent mixed signals, with higher risks than he had earlier forecast. "While I have not changed my basic outlook, very recent data have …