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PATRICK HARKER
Fed seeks a strong labour market over a sustained period: Powell"Lots of good things happen" in addition to real wage increases when a good labour market lasts for a sustained period of time, Powell said...
Nvidia-led rally pauses as investors eye Jackson HoleInvestors are now waiting for a speech by Federal Reserve Chairman Jerome Powell on Friday at a central bank summit in Jackson Hole, Wyomin...
Fed's Harker tells CNBC he expects no more rate cuts this yearHarker spoke to the television channel on the sidelines of the Kansas City Fed's annual research conference in Jackson Hole, Wyoming. He wa...
Fed's Harker sees no reason to tweak 2% inflation target right nowWhile there will always be an active debate about the appropriateness of the 2% target in the economic community, "we're not changing it ri...
Fed's Harker wants interest rates to get above 5%, then sitRecent inflation readings "show that disinflation is proceeding slowly - which is disappointing, to say the least," Harker said. The Fed ta...
Gold ticks lower as dollar firms, U.S. inflation data in focusData on Tuesday is likely to show the U.S. monthly consumer prices climbing 0.4% month-on-month in January and the core CPI gaining 0.4% as...
Federal Reserve set to shrink interest rate hikes"I expect that we will raise rates a few more times this year, though, to my mind, the days of us raising them 75 basis points at a time ha...
Gold ticks up as investors weigh Fed slowdown chancesLower interest rates tend to be beneficial for bullion, decreasing the opportunity cost of holding the non-yielding asset. Data on Wednesda...
Bullard favours getting rates above 5% 'as soon as possible'Fed officials are mulling a further moderation in the pace of rate hikes following a slowing in US inflation. Consumer prices rose 6.5% in ...
Fed's Harker ready to downshift to 25 basis-point interest rate hikesHarker will be a voting member of the rate-setting Federal Open Market Committee this year. In 2022, the Fed raised rates at a historically...
U.S. 10-year Treasury yields surge to highest since 2007The 10-year Treasury yield hit 4.291%, a level last seen in December 2007. The yield was last up 5 basis points (bps) at 4.274%. It was on ...
Oil near flat as inflation concerns contend with potential quarantine easing in ChinaMeanwhile, Beijing is considering cutting the quarantine period for visitors to seven days from 10 days, Bloomberg news reported on Thursda...
Fed's Harker says interest rate hikes to be 'deliberate, methodical'Harker did not say explicitly in his prepared remarks whether he feels those larger increases will be appropriate, or how high the Fed's po...
Fed's Harker open to more than three rate hikes in 2022 if inflation worsensHarker's remarks echoed the Fed's turn towards inflation fighting, a shift cemented at a December meeting, where it signaled three rate hik...
It's time to 'think about thinking about' tapering: Fed's Patrick HarkerHarker emphasized that the Fed would not move suddenly when it begins to reduce the pace of the purchases.
Fed’s regional chiefs lining up against more rate cutsBoston’s Eric Rosengren also voiced his opposition to additional cuts in an Aug. 19 interview on Bloomberg TV.
- Ideation at the ET Wharton competition
At the ET Wharton Business Plan Competition, the ideas, and the can-do spirit were evident.