Odaily Planet Daily News, President Hark, of the Federal Reserve Bank of Philadelphia, said that over the past few years, the Federal Reserve has effectively responded to challenging economic situations. Hark did not make forward-looking comments on monetary policy or economic prospects. He described the Federal Reserve's policy as taking a broad view of the economy and letting incoming data set the policy path. Hark said, "In the past 30 months, I believe we have proven ourselves to be good drivers of the economy." (Jinshi)
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Harker of the Federal Reserve: The Federal Reserve has performed well in guiding the economy
Odaily Planet Daily News, President Hark, of the Federal Reserve Bank of Philadelphia, said that over the past few years, the Federal Reserve has effectively responded to challenging economic situations. Hark did not make forward-looking comments on monetary policy or economic prospects. He described the Federal Reserve's policy as taking a broad view of the economy and letting incoming data set the policy path. Hark said, "In the past 30 months, I believe we have proven ourselves to be good drivers of the economy." (Jinshi)