Today news
About the same in other media
Fed’s Patrick Harker Supports Half-Point Rate Rises in June and July
Reading now: 674
Federal Reserve Bank of Philadelphia leader Patrick Harker said he supports the central bank doing more big rate increases at its coming meetings as it seeks to lower inflation.
“If there are no significant changes in the data in the coming weeks, I expect two additional 50-basis-point rate hikes in June and July,” Mr. Harker said Wednesday in a speech text. “After that, I anticipate a sequence of increases in the funds rate at a measured pace until we are confident that inflation is moving toward the [Federal Open Market] Committee’s inflation target.”
Read more on wsj.comAbout this in other media
Digital Currency May Impact Monetary Policy Formulation: US Fed Official ndtv.com /2 years ago
NY Fed president urges colleagues to prepare for coming digital payment transformation cointelegraph.com /2 years ago
Fed Official Supports Raising Interest Rates at Fast Clip ‘for Several Meetings’ wsj.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
