Fed's Lockhart says rate hike path may be 'slow' and 'halting'

``"The pace of increases may be somewhat slow and possibly more halting than historic episodes of rising rates," Lockhart said in a speech to the DeKalb Chamber of Commerce in Atlanta. "Moreover, to the extent the evolving economic picture allows a process leading to a 'resting place,' that point might be lower than in the past, as implied by a somewhat lower trend rate of economic growth."''