Exit strategy was the hot topic last year, and while it was pushed off by a “soft patch” mid-year and even though he’s not expecting an immediate need, Federal Reserve Bank of Atlanta president Dennis Lockhart said Monday that “we will have to decide when to actively implement an exit strategy. And though the answer to when to do this is clear in concept, it is not straightforward in practice.”

Calling his economic views “pretty mainstream,” Lockhart told a National Association for Business Economics conference in Arlington, Va., that the economy is showing “moderate strength” while growth continues to accelerate.

There are positive trends in gross domestic product private-spending components and personal consumption is showing brisk growth, but the “housing sector remains a soft part of an otherwise encouraging picture.”

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