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Fed’s Harker – may need faster rate hikes if inflation rises

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Philadelphia Fed President Patrick Harker, while speaking at an event in the US, said the bank may have to move rates faster if inflation rises aggressively.

    Key quotes

    'Policy can truly normalize' as we move into H2

    Prudent to wait for stronger inflation before second hike

    Expects faster wage growth now

    Fed to reach employment target early this year

    May want to err on side of policy accommodation
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