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MNI: Transcript of MNI's Interview with Philly Fed's Harker

MNI (JACKSON HOLE, WYO.) - The Federal Reserve should begin the process of lowering interest rates in September and do so in a "methodical" fashion so businesses can plan accordingly, Philadelphia Fed President Patrick Harker told MNI on Thursday on the sidelines of the annual Jackson Hole symposium. (See: MNI INTERVIEW: Fed's Harker Ready To Start 'Methodical' Cuts )

The following is a lightly edited transcript of the interview. 

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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

MNI (JACKSON HOLE, WYO.) - The Federal Reserve should begin the process of lowering interest rates in September and do so in a "methodical" fashion so businesses can plan accordingly, Philadelphia Fed President Patrick Harker told MNI on Thursday on the sidelines of the annual Jackson Hole symposium. (See: MNI INTERVIEW: Fed's Harker Ready To Start 'Methodical' Cuts )

The following is a lightly edited transcript of the interview. 

Keep reading...Show less