EconPapers    
Economics at your fingertips  
 

Economic Outlook: The Labor Market, Rates, and the Balance Sheet

Patrick T. Harker
Additional contact information
Patrick T. Harker: Federal Reserve Bank of Philadelphia

No 135, Speech from Federal Reserve Bank of Philadelphia

Abstract: Three Rate Hikes in 2017 Seem “Appropriate,” Says Harker May 23, 2017 — Speaking at the Market News International Connect Roundtable in New York, Philadelphia Fed Patrick Harker said the Fed may ease its foot off the gas pedal, but “we’re not talking about applying the brakes.” He also said the timing for unwinding the Fed’s balance sheet isn’t “tied to a specific date or number,” although he thinks “we’ll start sometime this year” and that “markets will get a heads up with a good amount of time.”

Keywords: interest rate; rate hike (search for similar items in EconPapers)
Date: 2017-05-23
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
https://www.philadelphiafed.org/-/media/publicatio ... ance-sheet.pdf?la=en Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedpsp:135

Ordering information: This working paper can be ordered from
http://www.phil.frb. ... airs/pubs/index.html

Access Statistics for this paper

More papers in Speech from Federal Reserve Bank of Philadelphia Contact information at EDIRC.
Bibliographic data for series maintained by Beth Paul ().

 
Page updated 2018-08-11
Handle: RePEc:fip:fedpsp:135