Fed’s Harker Says He’s Not in a Rush to Raise Rates - News Summed Up

Fed’s Harker Says He’s Not in a Rush to Raise Rates


PHILADELPHIA—Federal Reserve Bank of Philadelphia President Patrick Harker said Friday he’s not sure about the likely path of interest rates this year. Mr. Harker appeared to soften a position he gave in a speech May 6 in which he said he saw “one [rate] increase at most this year; possibly one, at most, next.”“I said ‘at most’ one increase...


Source: Wall Street Journal May 17, 2019 23:02 UTC



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