Fed's Harker repeats he sees 2 rate hikes this year

By Kitco News / January 12, 2018 / www.kitco.com / Article Link

Jan 12 (Reuters) - Federal Reserve Bank of Philadelphia President Patrick Harker repeated on Friday his expectation for two interest-rate rises this year thanks to a "pretty good" U.S. economic outlook.

"I see two rate increases as the likely appropriate path for 2018," Harker said in prepared remarks in Ivyland, Pennsylvania that largely reflected a speech he gave a week ago.


(Reporting by Jonathan Spicer Editing by Chizu Nomiyama)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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