Fed's Lockhart states US economy on track

Fed's Lockhart explained that the June jobs data was  'strong and quite broad based' but due to the uncertainty around Brexit, a 'cautious and patient' approach is appropriate is required stating that while it is no a "Lehman moment", it could still impavt business investment negatively for years ahead. However he explained that the US economy is still on track for 2% growth annually and that the US economy is already nearing full employment.