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Fed’s Harker: Fed Will Stop Tapering In March; Supports A 25 Basis Point Increase In March

  • Fed’s Harker: Think 25 Basis Point Increases Are Appropriate this Year But There Is A Lot Of Risk
  • Fed’s Harker: The Fed Is Not Behind The Curve But Will Need To Act Now Try To Control Inflation
  • Fed’s Harker: We Could Do A 50 Basis Point Increase But A Little Less Convinced Of That Right Now
  • Fed’s Harker: Favour Four 25 Basis Point Increases This Year But Remain Data Driven
  • Fed’s Harker: If There Was A Spike In Inflation, The May Need To Move More Aggressively

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