STORY-TRÅD·politik

Fed Rate Hike Would Be Important Signal to Market, Says Patrick Harker

Former Philadelphia Federal Reserve President Patrick Harker says there are three main issues Fed Chairman Kevin Warsh faces during his first speech at the Jackson Hole Economic Policy Symposium. Harker explains what he’s looking to hear from Warsh and why the central bank needs to raise the Fed Funds Rate. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)