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Fed’s Patrick Harker is ‘acutely concerned’ about inflation, sees ‘deliberate’ rate hikes

Fed’s Patrick Harker is ‘acutely concerned’ about inflation, sees ‘deliberate’ rate hikes

Philadelphia Fed President Patrick Harker joined the chorus warning about inflation and the interest rate hikes needed to control rising prices.

Previous post Watch Treasury Secretary Janet Yellen speak live on the global financial system

Next post Fed’s Mary Daly says high inflation ‘is as harmful as not having a job,’ pledges rate hikes ahead

More Stories

A record number of consumers are making minimum credit cards payments as delinquencies also rise

The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal...

January 22, 2025

Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president

To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record.

January 19, 2025

Home insurance costs soaring as climate-related events surge, Treasury Department says

During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.

January 17, 2025

UK economy ekes out 0.1% growth in November, below expectations

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed...

January 16, 2025

Core inflation rate slows to 3.2% in December, less than expected

The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.

January 15, 2025

German economy contracts 0.2% in 2024 in second consecutive annual slowdown

The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic...

January 15, 2025

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