Harker speaks on the economic outlook and international trade in London

  • Still backs one more hike this year
  • Has trimmed his inflation forecast still believes it will hit 2% in 2018
  • Fed 'on right path' says there is very little slack in jobs market
  • Forecasts 2.3% GDP growth this year (same as earlier this month)

These headlines have a more-hawkish look to them than on June 21, when he spoke to the FT in an interview but I might be splitting hairs.

We learned today that Harker was the second choice to lead the Philly Fed.