By Howard Schneider BATON ROUGE (Reuters) - The economy should rebound to a roughly 3 percent annual growth after a rocky start to 2014 and put the Federal Reserve on track to raise rates later next year, Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday. Lockhart, who does not currently sit on the Fed's policymaking committee, said he was "not in a rush" for the central bank to end the era of loose monetary policy and begin raising rates. Despite falling unemployment, he said there was still ample slack in labor markets, and a need for the Fed to be patient until it is clear that economic growth is sustainable and strong enough to maintain full employment. But Lockhart also said he agreed with what has become a generally rosy consensus at the Fed about the direction of the U.S. economy.
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