Patrick Harker

Fed's Harker Advocates For Single Rate Cut In 2024, Cites 'Very Welcome' May CPI Report
Wall Street Set For Cautious Start After Record Run Last Week: Fed Speeches, Manufacturing Data In Focus, Expert Flags Key Stock Catalyst
Stocks Suffer, Safe Havens Rise As Investors Fear Escalation In Middle East: What's Driving Markets Friday?
Wall Street Set For Cautious Start After Record Run Last Week: Fed Speeches, Manufacturing Data In Focus, Expert Flags Key Stock Catalyst
Stocks Suffer, Safe Havens Rise As Investors Fear Escalation In Middle East: What's Driving Markets Friday?
US Stocks Rebound As Powell Signals Fed Will Proceed 'Carefully' On Interest Rates: What's Driving Markets Thursday?
Stocks Dip As Yields Hit 5%, Oil Soars Amid Middle East Turmoil: What's Driving Markets Wednesday?

Patrick Harker Recent News

US Stocks Falter, Oil, Gold Rally As Israel-Hamas Conflict Escalates: What's Driving Markets Friday?
Risk aversion intensified during Friday’s morning trading, with stocks taking a sharp downturn while gold and oil rallied in the wake of heightened tensions in the Middle East.
Fed's Harker Breaks Ranks With Powell, Rejects Further Rate Increases, Signaling Board Dissent
Patrick Harker, president of the Federal Reserve Bank of Philadelphia, suggests allowing interest rates some leeway and permitting the financial system to adapt to the new environment.
Rate Hikes No More? Philly Fed's Harker Says Fed Has Done Enough
Federal Reserve Bank of Philadelphia President Patrick Harker talked about the state of the consumer and gave his read on the economy Thursday morning at the Jackson Hole Symposium. 
Stocks Trim Gains Following Inflation Data, NVIDIA Faces Worst Week Of 2023: What's Driving Markets Thursday?
Stocks gave up some of their early morning gains by midday trading, despite investors having earlier cheered another lower-than-expected inflation print, as the market significantly priced in the likelihood of the Fed keeping
Bank Downgrades Trigger Stock Sell-Off; Treasuries, Dollar Rally Amid Safe-Haven Demand: What's Driving Markets Tuesday?
Tuesday marked a risk-off session, dominated by concerns surrounding U.S. banks, which were hit by a wave of downgrades from Moody’s.
Soft Landing ... What About Long Landing? Harker Hints At Pause, Traders Expect Rate Cut In 7 Months
Stocks Rebound, Value Makes Comeback, Treasury Yields Resume Climb: What's Driving Markets Monday?
At the start of the week, the U.S. stock market is attempting to break the negative streak of four consecutive sessions in the red, with all major indices for large-cap stocks showing gains at midday trading in New York.
Inflation Fears Prompt 2 Fed Officials To Push For More Rate Hikes Ahead Of Central Bank's Silent Period
As FOMC Meet Nears, Here's What Different Fed Officials Think About Rate-Hike Pace
Despite signs of inflation having peaked and economic activity witnessing a slowdown, Federal Reserve officials have reportedly stated they will continue with more rate hikes, with many in favor of taking the
Lower Rate Hikes Ahead? How Fed Officials Reacted To December Inflation Data
Federal Reserve officials on Thursday reportedly sounded relief that inflation continued on its downward path in December, which could likely lead to a step down to a 25 bps interest rate hi
The Fed's Mixed Feelings On Rate Hikes
Is A June Rate Hike Good News For U.S. Stocks?