Federal Reserve Bank of Philadelphia President Patrick Harker speaking again today:
- he did not favor last two Fed rate cuts
- nflation edging up, to reach 2% over next 18-24 months
- sees US growth bit above 2% in 2019, around 2% in 2020
- repeats that the Fed should hold steady and watch economy
- economy in good place, trade, global growth headwinds
- consumer a 'hero' but can't be sole engine of economy
Headlines via Bloomberg, Harker not dovish at all.