Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren ...
Fed Bank of Boston President Susan Collins and Philadelphia Fed President Patrick Harker will both speak around 9 a.m. ET at events in Massachusetts and New Jersey, respectively. Richmond Fed ...
Harker said it’s taking longer than expected to bring inflation to the Fed’s 2% target and that progress has been uneven. However, he said the economy overall is strong and the labor market ...
NEW YORK, Jan 9 (Reuters) - Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that any sort of imminent ...
Other Fed speakers this week provided views contrary to that of Bowman ... Earlier Thursday, regional Presidents Susan Collins of Boston and Patrick Harker of Philadelphia both expressed confidence ...