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 ...
Federal Reserve Bank of Philadelphia President Patrick Harker said officials are on track to lower interest rates this year, ...
(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 ...
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 ...
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 ...
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." ...
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 ...
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 ...
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 ...