Harker, Patrick on 2018 March 29 at 06:00
It’s more the firming of inflation that’s moved me from two to three.
WSJ: How much of the change, then, from two to three [rate increases in the baseline projection] is because of the fiscal policy, the aggregate demand boost. MR. HARKER: For me, it’s more the firming of inflation that’s moved me from two to three. And again, if I see inflation continuing to move toward 2% and if it would accelerate, then I would consider even further increases. But again, I’d need to see the data before I make that decision. Harker, Patrick
Wall Street Journal Interview