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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.

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