Yet another round of comments from Harker:
- He's afraid of Fed getting behind the curve
- May be prudent to wait to allow election uncertainty to fade before hiking
- Worries about non-financial borrowing levels
- Continued gradual path of Fed normalization appropriate
"Continued?" One rate hike in 7 years is hardly a path.
The interesting point here is on the election. To me that confirms that November is a 0% probability of a hike.