Fed's Harker still expects rate cuts but says imminent move not needed
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 ...
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 upside ...
Fed’s Harker Says More Rate Cuts Are Coming But Timing Uncertain
Federal Reserve Bank of Philadelphia President Patrick Harker said officials are on track to lower interest rates this year, ...
Who Is Speaking Thursday—and What to Watch
The Federal Reserve faces an uncertain inflation outlook and markets are betting on few interest-rate cuts on the horizon. Thursday will bring a plethora of commentary from central bank officials. Fed ...
The Fed Is Back in Wait-and-See Mode With Rate Cuts
Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren ...
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 ...
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Economy Is Stable, with Hiring Returning to Pre-Pandemic Norms
Heading into 2025, the US economy remains among the strongest and most stable in the world. According to Patrick T. Harker, ...
Fed's Bowman said December rate cut was 'last step' in 'policy recalibration'
Fed governor Michelle Bowman said she supported a December rate cut as the "last step" in the central bank's "policy ...
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.
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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 ...
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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 ...