JACKSON HOLE, Wyoming -- Patrick Harker, the president of the Federal Reserve Bank of Philadelphia, said Friday that he supports two or three interest rate cuts in 2024, barring any substantial changes to U.S. economic data.
Interview
Fed's Harker sees possible '2 to 3' rate cuts ahead this year
Philadelphia bank chief open to faster pace of easing than in June outlook based on current data
"It is definitely time that we begin a process, a methodical process, of bringing rates down," Harker said. (Photo by Yuta Saito)
Read Next
Latest on Interview
