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.