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"It's important that we start to move rates down," Harker said Wednesday in a local radio interview. "We don't have to do it too fast, and we're not going to do it right away."
December 20 -
"We actually are increasing the odds — we can get a soft landing. That doesn't mean we're out of the woods," Harker said.
February 10 -
"I expect that we will raise rates a few more times this year, though, to my mind, the days of us raising them 75 basis points at a time have surely passed," Harker said.
January 12 -
“We have to be careful in removing accommodation so that we don’t create any kind of ‘taper tantrum,’ ” Philadelphia Fed President Patrick Harker said.
June 2 -
The Federal Reserve should get a conversation going on tapering its bond-purchase program “sooner rather than later,” Philadelphia Fed President Patrick Harker said.
May 21 -
Refinitiv Lipper reports another multi-billion week of inflows, the domino effect from such strong flows is that secondary selling doesn’t need to be so active, creating fewer opportunities for new inquiry, analysts say.
January 21 -
It was inevitable that muni yields would need to rise somewhat as the UST 10-year broke above 1%, however participants said the supply/demand imbalance will keep munis from rising as quickly as Treasuries. More than $1 billion inflows reported.
January 7 -
The resurgence of the coronavirus led to a larger than expected drop in consumer confidence.
December 22 -
The Federal Reserve Bank of Philadelphia's manufacturing index fell to a seventh- month low, while jobless claims hit a three-month high.
December 17 -
The consumer confidence index suggested expectations have slipped, and the Richmond Fed's services survey also offered a dim view ahead.
November 24