From Harker (who is retiring this month)
Fed must wait and see on next policy stepsEntirely possible Fed may face rising inflation and unemployment at the same timeStill no idea how shifting economic policies will affect economyHard data have remained robustI love how we get the 'no idea' comment just before he retires. I'm sure that's how many of them feel but they can't say it so bluntly.
I'm told this is the last public appearance from Harker. He was a good central banker, top notch.
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