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Fed’s Harker advocates for rate pause amid struggles of small businesses

As Fed grapples with the consequences of its tightening monetary policy, Philadelphia Fed President Patrick Harker voiced concerns regarding the implications for small businesses. In a virtual event, Harker underscored the challenges small firms are facing due to limited access to capital, and suggested Fed should refrain from contemplating additional interest rate hikes “Small firms […] The post Fed’s Harker advocates for rate pause amid struggles of small businesses appeared first on Action F... Read More

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Posted: Oct 17 2023, 01:11

Author Name: actionforex

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