Fed Harker: Rates should be above 3% by year end, the size of a July hike is uncertain

2022-06-22 21:13
BlockBeats news, June 22, federal Reserve Harker said; "We need to get to a neutral rate quickly, which is 2.5 per cent; rates should be above 3 per cent by the end of the year; and we are not ready to decide whether to raise rates by 75 basis points or 50 basis points in July, which could be good news if demand weakens faster than I expect." The (golden) ten
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