Fed’s Harker open to lowering interest rates, but not imminently
By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker on Wednesday said he still opposes any further U.S. central bank …
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Fed’s Harker says Fed should not be considering more rate increases
NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said on Monday the central bank should not create new pressures in the …
Fed’s Harker says high interest rates closing off housing for new buyers
By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Monday the current level of interest rates has nearly …
Fed’s Harker: Inclined to ‘skip’ a rate hike in June
(Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said on Wednesday that for the moment he is inclined to support a “skip” in …
Fed’s Harker sees more central bank action to quash inflation pressures
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the U.S. central bank will have to …
Fed not yet done on hikes but likely close, Harker says
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation and will have to raise them above …
Fed not yet done on hikes but likely close – Harker
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation but it is likely near, Philadelphia Fed …
Fed’s Harker says small rate hikes on table, opens door to cuts next year
By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Friday the surprisingly strong jobs data reported last week …
Fed’s Harker ready to downshift to 25 basis-point interest rate hikes
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the central bank needs to …
Fed’s Harker: better to pause rate hikes at the right time than risk overtightening
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive level to bring inflation on …
Fed’s Harker: Any U.S. recession would be shallow
(Reuters) – Philadelphia Federal Reserve President Patrick Harker on Friday said he believes the U.S. central bank can bring down inflation without triggering a deep …
Fed’s Harker: Would like to get rates above 3.4% and ‘sit for a while’
(Reuters) – Philadelphia Federal Reserve President Patrick Harker on Thursday said he would like to get interest rates above 3.4% and then “maybe sit for …
Fed’s Harker says interest rates should reach above 3%, then reassess
(Reuters) – The U.S. Federal Reserve should raise interest rates above 3% by the end of this year and then reassess how much more it …
Fed’s Harker: soft landing possible, not forecasting recession
(Reuters) – Philadelphia Federal Reserve Bank President Patrick Harker on Wednesday said he believes the central bank can bring inflation down without sending the economy …
Fed’s Harker: “methodical” policy tightening designed to avert recession
(Reuters) – The U.S. Federal Reserve aims to tighten monetary policy in a methodical way that keeps the economic expansion intact, Philadelphia Federal Reserve President …