#FOMCMeeting down from 3.6% in April.

Fed's Harker: Still possible the Fed can cut rates later this year

By Joshua Gibson | JUN 06, 16:57 GMT

Fed Bank of Philadelphia President Patrick Harker is embarking on a farewell tour. The Philly Fed head is set to retire at the end of June, and is taking the opportunity to deliver some hope to investors that the Fed may still yet find itself in a position to deliver rate cuts before the year is over.