Fed's Harker: One rate hike in 2019 enough

Friday, 17. May 2019 23:06

Federal Reserve Bank of Philadelphia President Patrick Harker said on Friday that he expects the Fed to hike interest rates in the United States "at most" once in 2019.

Harker also noted that inflation can be kept at around the 2% target for a while, but he pointed out that inflation projections could "drift down dangerously" in case they become "unanchored."

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Breaking the News / VP