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Fed's Harker still expects rate cuts but says imminent move not needed
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 ...
Barron's18d
Fed’s Harker Sees Solid Economy Today, Little Certainty Tomorrow
(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 ...
Yahoo Finance19d
Fed’s Harker Says More Rate Cuts Are Coming But Timing Uncertain
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 ...
FXStreet18d
Fed's Harker: Fed still on rate-cut path, future moves driven by data
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." ...
Barron's19d
Which Fed Officials Are Speaking Today—and What to Watch
Fed Bank of Boston President Susan Collins and Philadelphia Fed President Patrick Harker will both speak around 9 a.m. ET at events in Massachusetts and New Jersey, respectively. Richmond Fed ...
Seeking Alpha18d
Philadelphia Fed's Harker still sees rates on downward path
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 ...
Will the Fed’s Rate Pause Boost Treasury Yields and Pressure Gold Markets?
Fed signals no imminent rate cuts, citing persistent inflation above 2%. Markets brace for steady rates, impacting gold, dollar, and Treasury yields.
Yahoo Finance18d
Fed's Harker still expects rate cuts but says imminent move not needed
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 ...