'My own view is that we should hold firm, letting things settle and watching how events play out,' he said in prepared remarks Friday.
Phialdelphia Fed President Patrick Harker said the Fed should "hold firm" now in interest rates after hiking twice this year.
Philadelphia Fed President Patrick Harker thinks interest rates should hold steady as events unfold in what he called a strong economy that also has "clear downside risks." Harker, a nonvoting member of the Federal Open Market Committee, spoke nine days after his fellow central bankersHe said he views the economy as strong with inflation on its way to the Fed's 2% goal. Yet he also noted potential problems with "trade and international developments and the uncertainty they breed."
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