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 by considerable economic uncertainty.

At least four Federal Reserve officials are speaking Thursday, including Federal Reserve Bank of Boston President Susan Collins, Philadelphia Fed President Patrick Harker, Richmond Fed President Thomas Barkin,

Federal Reserve Bank of Philadelphia President Patrick Harker said officials are on track to lower interest rates this year, but the exact timing will depend on what happens with the economy.

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 imminent move down isn't needed amid considerable uncertainty over the economic outlook.

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 the help of appropriate monetary policy. That means a patient approach to interest-rate cuts in 2025.

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 risks,