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The Federal Reserve's Harker: The Federal Reserve has performed well in guiding the economy
Philadelphia Federal Reserve Bank President Harker stated that over the past few years, the Federal Reserve has effectively addressed the challenging economic situation. Harker did not make any forward-looking comments on monetary policy or the economic outlook. He described the Federal Reserve's policy as taking a broad view of the economy and letting incoming data set the policy path.
"Over the last 30 months, I believe we have proven ourselves to be a good driver of the economy," Harker said.
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