Harker in Philadelphia

  • Sees inflation hitting Fed goal late this year or in 2018
  • US economy more or less back to full health
  • Forecasts 2017 GDP 'a touch above 2%
  • Concerned that more 25-54 year old men out of workforce
  • Opioid abuse one reason for drop in participation
  • Forecast doesn't take into account fiscal policy
  • Doesn't think the Fed is behind the curve on inflation