February 17, 2025 at 02:42PM
More from Philadelphia Fed Pres. Harker:
Labor market looks pretty solid.
Home insurance price rises becoming real challenge.
Inflation is moving slowly down but there are risks.
Fed should moved to all our mostly treasury bond balance sheet.
Expects to see bank reserves contract more swiftly soon.
Lack of clarity still surrounds endpoint for balance sheet wind down.
Doesn’t appear liquidity tighten enough yet to stop balance sheet wind down
This article was written by Greg Michalowski at www.forexlive.com.
More Harker Q&A: Labor market looks pretty solid