Fed's Harker 'Open' to Half-Point Hike at Next Meeting

The speaker discusses their personal path and the economic outlook, focusing on potential interest rate increases due to economic uncertainty and inflation. They highlight the importance of considering inflation readings and supply chain constraints, particularly with current issues in China. The discussion also covers balance sheet normalization and its potential impact on economic policy.

What does the speaker mean by being a 'median dot'?

How does the speaker view the current economic uncertainty?

What factors does the speaker consider when discussing potential interest rate increases?

What does the speaker imply about the relationship between inflation readings and interest rate decisions?

What implications does the speaker suggest regarding the balance sheet normalization?