Fed’s Patrick Harker on ‘Process’ of Rate Cuts, Unemployment

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Federal Reserve Bank of Philadelphia President Patrick Harker said the central bank should start the process of rate cuts and “keep it moving,” as he discussed the US labor market and economic impacts on consumers. Harker spoke on the sidelines of the Jackson Hole economic symposium.

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Комментарии
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We're in the, Let them Eat Cake, Era of America.
We all know how that Era ended in France.

theorochannel
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it might be a mistake to follow advise of the commercial banks about momentum of rate movements. FOMC needs to be data dependent and not influenced by "easy money grabbers."

tonyotag