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Fed's Harker: Inclined to Maintain Interest Rates Steady Before Spring, Cautious on Inflation
Summary: According to reports, Fed's Harker hinted that the neutral interest rate may be higher than commonly believed, and stated that due to data distortion, the 2.7% consumer price index in November may underestimate the 12-month price increase. Cautious on inflation, inclined to maintain interest rates steady before spring.
According to reports, Fed's Harker hinted that the neutral interest rate may be higher than commonly believed, and stated that due to data distortion, the 2.7% consumer price index in November may underestimate the 12-month price increase. Cautious on inflation, inclined to maintain interest rates steady before spring.
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Link: Fed's Harker: Inclined to Maintain Interest Rates Steady Before Spring, Cautious on Inflation [Copy]
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Link: Fed's Harker: Inclined to Maintain Interest Rates Steady Before Spring, Cautious on Inflation [Copy]
