- Philadelphia Fed President Patrick Harker: the Fed could raise its interest rate two to three times this year
Market news
25 May 2016
Philadelphia Fed President Patrick Harker: the Fed could raise its interest rate two to three times this year
Philadelphia Fed President Harker said on Wednesday that that he expected the Fed could raise its interest rate two to three times this year. He noted that U.S. presidential election would not have an impact on the Fed's monetary policy.
Philadelphia Fed president pointed out that there were no significant risks from China.
Harker is not a voting member of the Federal Open Market Committee (FOMC) this year.
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