By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that any sort of ...

(David Paul Morris/Bloomberg) Federal Reserve Bank of Philadelphia President Patrick Harker remains confident in inflation’s meandering path toward a 2% annual rate—the Fed’s target—with ...

NEW YORK (Reuters) - Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates but added that the policy path is clouded ...

Harker said it’s taking longer than expected to bring inflation to the Fed’s 2% target and that progress has been uneven. However, he said the economy overall is strong and the labor market ...

Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren ...

Philadelphia Federal Reserve President Patrick Harker said on Thursday that the ... "Underpinnings of economy strong amid high uncertainty." "Fed must be data-dependent amid high uncertainty." ...

Philadelphia Fed Patrick Harker says he still sees the Federal Open Market Committee on a downward policy rate path. But the economy remains "in very unsettled times." There remain "numerous ...

Investors are awaiting the release of the December jobs report and comments from Fed officials, as well as a highly anticipated presentation by Nvidia's CEO and earnings reports from Delta Air Lines ...

The remarks were Harker's first since last month's policy meeting when the Fed cut its benchmark overnight interest rate by a quarter of a percentage point to the 4.25%-4.50% range and trimmed the ...