Fed's Harker says March 'should be considered' for next rate hike
Reuters
Published Feb 06, 2017 05:34PM ET
Fed's Harker says March 'should be considered' for next rate hike
SAN DIEGO (Reuters) - Philadelphia Federal Reserve Bank President Patrick Harker on Monday said a interest-rate hike should be on the table at the U.S. central bank's next meeting, in March.
"I still am supportive of three rate hikes this year, of course with a major caveat depending on how the economy evolves and policy, fiscal policy evolves," Harker told reporters after a speech on regulatory policy for fintech firms. "I think March should be considered as a potential for another 25-basis point increase."
Harker votes on monetary policy this year on the Fed's policy-setting panel.
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Written By: Reuters
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