Philadelphia Fed President Patrick Harker: the Fed could raise its interest rate two to three times this year

Noticias del mercado

25 mayo 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.

Construction work done in Australia drops 2.6% in the first quarter

U.S. crude inventories fall by 4.2 million barrels to 537.1 million in the week to May 20

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