Sees 3 hikes next year
- Not moved far from his baseline of 3 2018 hikes
- We are getting close to neutral rate
- Possible that 2019 end of tightening cycle
- Would not want to go far over the neutral rate
- Workers need a life time of education
- Need job retraining programs that really work in this country.
Harker is the Pres. of the Philadelphia Fed. He is not a voting member in 2018.
----------------------------------------------------------------------------------------------------