• Philly Fed president Harker: economic risks tilt very slightly to the downside, outlook is 'pretty good'

Market news

25 March 2019

Philly Fed president Harker: economic risks tilt very slightly to the downside, outlook is 'pretty good'

  • wait-and-see mode, favouring one rate hike at most this year, one in 2020

  • balance sheet will not likely hold primarily treasuries 'for some time'

  • expects GDP a bit above 2% in 2019, returning to trend around 2% in 2020

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