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13 Nov 2017
Fed's Harker - Fed does not have to remove a lot of accommodation to return to neutral
Comments from Fed's Harker crossing the wires via Reuters-
- Fed does not have to remove a lot of accommodation to return to neutral.
- Demographics, fiscal investment have as much as or more impact on the economy than monetary policy.
- We can continue to reduce the regulatory burden on small banks but need to be cautious about regulations on large banks.
- See US unemployment falling below 4 percent, should help inflation move back to target.