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MarketWatch interview: Fed's Harker says skipping June rate hike is returning to normalcy

Por: MarketWatch Business June 01, 2023

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“I think we’re close to where we need to be, [to] sit and hold for awhile. I don’t know if we’re there yet, that’s why we skip this one and see how it goes,” Harker added. “And if we need to raise, we raise at the next meeting.” The Fed raised rates at an rapid pace over the past 14 months, pushing its benchmark rate to a range of 5%-5.25% from near zero in March 2022. The Philadelphia Fed president, who is a voting member of the... + full article



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