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Harker: The Opportunities of a Tight Labor Market
Good morning. It is a pleasure to be back here on the Main Line to share with all of you a cup of coffee and my views on the economy. First, let me dispense with the usual Fed disclaimer: The views I express today are my own and do not necessarily reflect those of anyone else on the Federal Open Market Committee (FOMC) or the Federal Reserve System. With that out of the way, let me outline my remarks today. I will start with my outlook for the economy — which I know takes on greater significance since I am a voting member this year on the FOMC. My outlook for the economy — specifically for the labor market — ... (full story)