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Fed's Harker says March 'should be considered' for next rate hike
February 6, 2017 / 10:34 PM / 7 months ago

Fed's Harker says March 'should be considered' for next rate hike

SAN DIEGO, Feb 6 (Reuters) - Philadelphia Federal Reserve Bank President Patrick Harker on Monday said a interest-rate hike should be on the table at the U.S. central bank’s next meeting, in March.

“I still am supportive of three rate hikes this year, of course with a major caveat depending on how the economy evolves and policy, fiscal policy evolves,” Harker told reporters after a speech on regulatory policy for fintech firms. “I think March should be considered as a potential for another 25-basis point increase.”

Harker votes on monetary policy this year on the Fed’s policy-setting panel. (Reporting by Ann Saphir; editing by Diane Craft)

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