Fed's Harker: Fed is doing a good job guiding the economy
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Odaily Odaily News: Philadelphia Federal Reserve Bank President Patrick Harker said the Fed has effectively responded to challenging economic conditions over the past few years. Harker did not make forward-looking comments on monetary policy or the economic outlook. He described the Fed's policy as looking at the economy in a broad sense and letting incoming data set the policy path. "Over the past 30 months, I believe we have proven ourselves to be a good promoter of the economy," Harker said. (Jinshi)
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