Philadelphia Fed President Patrick Harker indicates interest fee hikes are at an stop

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Philadelphia Fed President Patrick Harker on Tuesday indicated that the central financial institution could be at the close of its recent level-mountaineering cycle.
“I believe that we may possibly be at the place where by we can be affected person and hold rates continual and enable the financial policy steps we have taken do their perform,” the FOMC voting member said in a speech.
Harker indicated there are not likely to be charge cuts whenever before long.

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