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The Fed Fed’s Harker: Don’t look for any interest-rate cuts ‘right now and right away’ The biggest risk is lowering rates too early, Philadelphia Fed president says ...
The Federal Reserve should continue raising it benchmark interest rate until it is over 3.4% and then “sit for a while,” said Philadelphia Fed President Patrick Harker on Thursday.
Federal Reserve Bank of Philadelphia President Patrick Harker said Tuesday it may be prudent for Fed officials to wait for more evidence of firming inflation before they raise short-term interest ...
Harker, in his last speech as president of the Philadelphia Fed, said it is possible, but “far from certain” that officials could face both higher prices and higher unemployment.
Federal Reserve Bank of Philadelphia President Patrick Harker suggests the Fed should hold off on further rate hikes. "Let's just let this play out for a while and that should bring inflation down ...
Federal Reserve Bank of Philadelphia President Patrick Harker said he isn’t yet ready to say what the U.S. central bank should do with interest rates given the significant shift in America’s ...
Federal Reserve Bank of Philadelphia President Patrick Harker said the US central bank may be able to cease interest-rate increases, ... Harker Says Fed May Now Be at Point Where It Can Hold Steady.
Philadelphia Federal Reserve Bank President Patrick Harker speaks with CNBC's Steve Liesman (not pictured) after an interview ahead of the annual Kansas City Fed Economic Policy Symposium, in ...
From the role, Harker has overseen the reserve's research and supervisory functions and leads its community outreach efforts. He's also had a seat on the Fed's monetary policy arm, the Federal Open ...
(Reuters) -Federal Reserve Bank of Philadelphia President Patrick Harker said on Thursday a rate cut is the next step for monetary policy and the timing of that action is getting closer, although ...
Patrick Harker, the longest serving regional reserve bank president, will leave office in June 2025. Directors at the Fed bank have started the search for his replacement.