Fed Harker wants rate to get above 3.4%, open to higher

Philadelphia Fed President Patrick Harker told CNBC today, “I’d like to see us get to, say, above 3.4% – that was the last median in the SEP (Summary of Economic Projections) – and then maybe sit for a while.” “But if the data says we need to keep increasing, we keep increasing. We’ve got to […]

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