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Independent Articles For Our Investors

Fed's Harker sees two, maybe three, more interest rate hikes this year, report

Monday May 21st, 2018 07:29:04 PM
Philadelphia Fed President Patrick Harker said Monday he currently sees two more interest rate hikes this year, but said it is possible he could support a third increase, according to Reuters. Harker said inflation does seem to be moving toward the central bank's 2% target. He said it was appropriate to moves rates up "judiciously." Harker is not a voting member of the Fed's interest-rate policy committee this year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.




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