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2024-06-17 23:39:06

Financial Times on Nostr: Live news: Philadelphia Fed president Patrick Harker expects one rate cut this year ...

Live news: Philadelphia Fed president Patrick Harker expects one rate cut this year
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Philadelphia Fed president Patrick Harker expects one rate cut this year. Harker's statement comes amidst discussions about the possibility of the Federal Reserve reducing interest rates. The rate cut is expected to happen sometime this year. Harker's comments align with the views of other Fed officials who have expressed concerns about the economic impact of the COVID-19 pandemic. The article also mentions other news topics such as the Israel-Hamas war, Pakistan's record rice exports, Russia surpassing the US as a gas supplier to Europe, and Benjamin Netanyahu dissolving Israel's war cabinet.



https://www.ft.com/content/a99c9f56-8618-4d32-959e-a663abe6c26d
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