Will be eyeing his comments

The Fed's Harker will be speaking at the top of the hour, but he is speaking on "health and wealth". So it is unsure if comments will be on monetary policy or his views on rates.

On May 20 Harker said:

  • US economy will not grow faster than 2% w/out more work at connecting employers with workers
  • monetary policy should not be robotically driven by rules
  • how organizations hire is important in an increasingly tight labor market
  • algorithmic lending can lead to discrimination in selection

General comments from the non-voting Fed member.