- Philadelphia Fed President Patrick Harker: the Fed should hike its interest rate in April if the U.S. economy continues to improve
Market news
23 March 2016
Philadelphia Fed President Patrick Harker: the Fed should hike its interest rate in April if the U.S. economy continues to improve
Philadelphia Fed President Patrick Harker said on Tuesday that the Fed should hike its interest rate in April if the U.S. economy continues to improve. He pointed out that he would like to see more than two interest rate hikes this year, adding that the monetary policy would remain accommodative.
Harker is not a voting member of the Federal Open Market Committee (FOMC) this year.
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