Patrick
Harker voting at this year's FOMC conferences
The president of the Federal Reserve District (Fed,
the main financial institution of the United States) in Philadelphia,
Patrick Harker,
assured this Wednesday the 18th that he will support increases of 25 basis
I guess we're
going to improve prices a few more times this year, although in my opinion
The time has
passed to go up 75 basis points at a time," he said at an event hosted by the University of Delaware
.
Harker, who voted at
this year's Federal Open Market Committee (FOMC) conferences, projected
The president of
the Federal Reserve District in Philadelphia projected this Wednesday that the Gross Domestic Product (GDP)
The United States
will grow by 1.0% this year. According to him, although modest, the expansion
Harker said he
expects GDP growth to return to the historical trend of 2% in 2024 and 2025.
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