by Mike ‘Mish’ Shedlock
The market is openly mocking Patrick Harker, president and chief executive officer of the Federal Reserve Bank of Philadelphia.
Harker dismisses Brexit as a worry (In general so do I, but politicians can go crazy, so the outcome is uncertain as they say).
That said, I agree with the market view on hikes vs. that of Harker.
The Wall Street Journal reports Fed’s Harker Dismisses Brexit, Suggests Two More Rate Hikes This Year.