Philadelphia FED president Harker says crypto is here to stay

Philadelphia’s Federal Reserve (FED) Bank President Patrick Harker has suggested that, despite the inherent risks, demand for cryptocurrencies will remain high in the foreseeable future. In remarks at...

Fed’s Harker sees ‘lack of progress’ on inflation, expects aggressive rate hikes ahead

Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be needed. “We are going to keep ...

Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs

Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn’t think the U.S. is h...

Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes

Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to fight inflation. His thinking, outlined in a live interview on CNBC’s...