Former Fed President Harker says policy not restrictive, expects rate hold

Briefing by News4U · First published

Former Philadelphia Fed President Patrick Harker says the Fed will hold rates steady Wednesday and will need to signal more tightening ahead.

Bloomberg reported that former Philadelphia Federal Reserve President Patrick Harker says the Fed will hold interest rates steady on Wednesday and will need to signal that more tightening is probably warranted. [1]

Sources

  1. Former Fed President Harker Says Policy Is Not Restrictive

    Bloomberg · · Summary only

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