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Thursday, 08/22/2024 10:07:25 AM

Thursday, August 22, 2024 10:07:25 AM

Post# of 365820
Philly Fed's Harker said he's ready to start cutting rates
Philly Fed's Harker said he's ready to start cutting rates if data cooperate, in a Reuters interview. And he wants a gradual, methodical course. Policy is in a good place currently, not overly restrictive. He suspects the Fed's easing cycle will end around 3%. Harker is not a voter this year or next.

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