Hosted on MSN17d
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 ...
U.S. News & World Report17d
Fed's Harker Still Expects Rate Cuts but Sees Considerable 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 ...
Barron's17d
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 Finance18d
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 ...
FXStreet17d
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." ...
Seeking Alpha17d
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 ...
Reuters2y
U.S. Fed policymakers stance on interest rate hikes
He plans to stay on as Fed governor. Collins says her current outlook is in line with most of her fellow policymakers, who in December penciled in two quarter-point rate cuts in 2025. Harker’s ...
What To Expect in the Markets This Week
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 ...
Yahoo Finance17d
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 ...