Atlanta Federal Reserve branch President

  • Has 'lightly penciled in' December US rate hike
  • Cautious about low-inflation conundrum, expects rebound
  • Raising rates, shedding bonds in part about preparing for economic shock
  • US economy at full strength, very little slack in labor market


  • Inflation "continues to elicit caution" about its weakness and also about the way in which it is measured

Harker prepared remarks to a Global Interdependence Center conference in Tokyo.

via Reuters