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Harker, Patrick on 2017 October 17 at 19:30

From WSJ: Like most of his colleagues, Mr. Harker said he had penciled in one more rate increase this year in his economic forecast released following the September meeting. “I emphasize the word ‘pencil.”

Like most of his colleagues, Mr. Harker said he had penciled in one more rate increase this year in his economic forecast released following the September meeting. “I emphasize the word ‘pencil,’” he said. “We have to see how inflation dynamics roll out over the next couple of months and we have to make sure that the process of ceasing reinvestment is, as we anticipate, not very disruptive to the market.” Mr. Harker said he has also penciled in three rate increases in 2018. … “There’s no need to firmly commit” to raising rates again this year, Mr. Harker said. “We just have to see how it evolves.” Harker, Patrick

Wall Street Journal Interview

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