Speaks to reporters
Philly Fed's Harker (voting member) says:
- The Fed is in a period where they can be patient
- We think there are transitory factors on inflation
- Worried we've been saying transitory for a while
- Uncertainty really does resolve around inflation
- He has not factored fiscal policies in his estimates
- He is not opposed to a higher inflation target
- emphasizes that he penciled in hikes on his dot plot