Fed's Harker: Can take some time for next Fed rate hike

Philadelphia Federal Reserve Bank President Patrick Harker is delivering additional comments at the annual American Economic Association, with key quotes (via Reuters) found below.

With no sign of inflation, Fed should keep powder dry until clear how tax reform will impact economy.

Lack of wage pressure is behind his cautious stance on further rate increases.

Fed should avoid any action that heightens risk of inverted yield curve.

Can take some time for next Fed rate hike