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 imminent move down ...
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 ...
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 ...
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 ...
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 has cooled ...
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." ...
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 ...
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 upside ...
At each FOMC meeting, my colleagues and I will make our decisions based on the incoming data and the implications for and risks to the outlook and guided by the Fed's dual-mandate goals of maximum ...
Harker—who is set to retire from the Philly Fed this summer after a decade as president—noted an overall-solid consumer at the macro level, but with considerable differences under the surface.