Fed’s Harker: Still Possible for One 2019 Rate Hike, One More In 2020 - News Summed Up

Fed’s Harker: Still Possible for One 2019 Rate Hike, One More In 2020


Federal Reserve Bank of Philadelphia President Patrick Harker is sticking with his view the U.S. central bank may be able to raise rates two more times over the next couple of years. With “a strong labor market, muted inflation, sustained moderate growth, and the penumbra of uncertainty,” Mr. Harker said, “I continue to be in wait-and-see mode, and my outlook for rates remains, at most, one hike for 2019 and one for 2020.”Mr....


Source: Wall Street Journal April 17, 2019 16:30 UTC



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