• Further comments by Fed's Harker

Notícias do Mercado

25 março 2019

Further comments by Fed's Harker

  • Market has priced in less optimism than the FOMC
  • Sees neutral rate as being one or two moves away
  • Says inflation is not running out of control
  • Would want to see inflation rise and stay above 2% for a bit before hiking this year
  • Would also need to see strong labour market
  • Notes shortage of labour to fill job vacancies is one of the biggest risks to U.S. growth
  • Doesn't see circumstances for a rate hike in the short-term
  • Says dot plots are not a commitment to what the Fed will do
  • If we see deep recession, would need to dip into unconventional monetary policy toolkit 

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