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Thursday, October 05, 2017

Fed's Harker: Still penciling a December rate hike

  • Still expects three hikes next year
  • Expect US economy to end above 2% at year-end
  • Lack of skilled workers top issue for economy
  • Sees issues around US inflation dynamics
  • Next Fed chair must be consensus-builder, team player
That line about the next Fed chair sounds innocuous but it might be a jab at Kevin Warsh, who has ripped into the Fed.
On rates, Harker has repeated those lines a few times.

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