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More from Fed's Harker - says Fed need to get funds rate above 5%

More from Fed's Harker - says Fed need to get funds rate above 5%

Federal Reserve Bank of Philadelphia President Patrick Harker:

  • says Fed need to get funds rate above 5%
  • Fed policy is nearing 'end game', its good to approach the terminal rate slowly
  • there are still upside risks for inflation
  • says he is getting more confident that the Federal Reserve is getting demand levels under control
  • its is going to take a while before the Federal Reserve eases rates, such a move will be data dependent

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Posted: Jan 18 2023, 21:08
Author Name: forexlive
Views: 111578

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