Fed's Harker says Fed should not be considering more rate increases
© Reuters. FILE PHOTO: Philadelphia Federal Reserve President Patrick Harker stands behind the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, in Wyoming, U.S. August 24, 2023. REUTERS/Ann Saphir/File Photo
NEW YORK - Federal Reserve Bank of Philadelphia President Patrick Harker said on Monday the central bank should not create new pressures in the economy by increasing the cost of borrowing. "We should not at this point be thinking about any increases" in the Fed's rate target, Harker told a bankers' group after a speech in which he had again reiterated his belief the Fed is done raising rates in an environment where inflation pressures are ebbing.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Fed's Harker: Current interest rate environment draining housing market of new buyersWhile speaking at the Mortgage Bankers Association's annual convention on Monday, Philadelphia Federal Reserve President Patrick Harker repeated that
Weiterlesen »
Mortgage bankers expect the 30-year rate to drop to 6.1% by the end of 2024‘The Fed’s hiking cycle is likely nearing an end,’ industry group says
Weiterlesen »
USD/JPY moves on a downward path near 149.40 on Fed’s interest rate uncertaintyUSD/JPY extends its losses on the second successive session, trading lower around 149.40 during the Asian session on Monday. The uncertainty regarding
Weiterlesen »
NO MERCY: Hamas Kidnapped Immobile, Non-Verbal, Tube-Fed Teen, Father During Massacre on Music FestivalSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Weiterlesen »
Fed Will Eventually Break Something: But What, When and Where?Market Overview Analysis by Alfonso Peccatiello covering: . Read Alfonso Peccatiello's latest article on Investing.com
Weiterlesen »
Fed's Goolsbee: Fall in US inflation is not just a blipFederal Reserve Bank of Chicago President Austan Goolsbee told the Financial Times on Monday that the fall in the US inflation was not 'just a blip,'
Weiterlesen »