Philadelphia Federal Reserve president Patrick Harker
Audience Q, Harker A now
- We are starting to see some signs of wage growth
- 'Reasonably assured' that inflation will pick up
- want to avoid disruption when we shrink balance sheet
- Not sure what size balance sheer will be appropriate
Headlines via Bloomberg
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Also, Via Reuters:
- Fed may not return to pre-crisis portfolio size; currently rethinking this
