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Fed’s Harker says he still favors only one more interest-rate hike this year

“In an interview with Bloomberg Television, Harker said he was open to supporting two interest-rate hikes this year, but only if inflation accelerates further” writes Senior Economics Reporter for marketwatch.com. Philadelphia Fed President Patrick Harker said Thursday he still favors only one more interest-rate hike this year even with fresh data released showing consumer price inflation rising at fastest pace in six years.
 
Source: marketwatch.com



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