Fed's Harker is ready to start methodical course of rate cuts
NEW YORK - Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday he was on board with a September rate cut as long as the data performs as he expects it to.
When it comes to an imminent move down in the cost of short-term borrowing, “for me, barring any surprise in the data we'll get between now and then, I think we need to start this process” of lowering rates, Harker said in an interview with Reuters as he attends the Kansas City Fed’s annual research conference in Jackson Hole, Wyoming.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This is now a labor data-first Fed, not an inflation data-first FedThis is now a labor data-first Fed, not an inflation data-first Fed
Read more »
Chicago Fed President Goolsbee says if economy deteriorates, Fed will 'fix it'Chicago Federal Reserve President Austan Goolsbee spoke Monday morning on CNBC's 'Squawk Box' program.
Read more »
Fed's Goolsbee: If economy deteriorates, Fed will fix itIn an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that there is a lot going on in the world, which makes things more complicated for them, per Reuters.
Read more »
Fed's Dudley now calling for Fed rate cut next week amid recession concernsFed's Dudley now calling for Fed rate cut next week amid recession concerns
Read more »
You Probably Missed How Longlegs Cleverly Revealed Its Harker Twist Before The EndingOne Longlegs scare secretly gives away its ending.
Read more »
‘Longlegs’ Potential Victims Can Get Tickets to See the Movie for FreeMaika Monroe stars as Lee Harker in emLonglegs /em(2024).
Read more »