KANSAS CITY — Atlanta Federal Reserve Bank President Dennis Lockhart Thursday underlined his support for the aggressive stimulus announced by the Federal Reserve last week, arguing that the purchase of mortgage securities in particular should support a housing market that appears to be on the up.

Speaking to reporters following a speech at the Kansas City Fed's conference on workforce development, Lockhart also said he would need to see job growth at or above 150,000 a month as a sign of improving labor market conditions.

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