Harker Says the Fed Can Take Its Time Raising Rates

The transcript discusses the potential for a rate increase by the Open Market Committee, with differing opinions on the timing and necessity of such an increase. It covers the current economic indicators, including inflation and job numbers, and highlights concerns about economic risks, particularly the yield curve inversion. The discussion also touches on the current financial conditions and the impact of interest rate movements.

What is the forecast mentioned for the rate increase?

What concerns does the speaker have regarding inflation?

What is the speaker's perspective on the normalization process of interest rates?

What are the current unemployment and job hiring statistics mentioned?

What risks does the speaker associate with the yield curve?