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Fed’s Harker: ‘Not satisfied’ a December fee rise is prudent – WSJ

In an interview with The Wall Road Journal, Federal Reserve Financial institution of Philadelphia President Patrick Harker mentioned that he wasn’t in favour of a fee hike in December.

“At this level, I am not satisfied a December fee transfer is the suitable transfer however I would like to observe the info over the following few weeks earlier than figuring out whether or not it’s prudent to spice up the price of borrowing once more,” Harker defined. 

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