• News Desk

FED'S HARKER SAYS MIGHT WANT TO DELAY POLICY CHANGES


The Federal Reserve might want to hold off on policy changes until after the U.S. presidential election on Nov. 8, Philadelphia Fed President Patrick Harker said on Thursday.The Fed's next policy meeting is scheduled for Nov. 1-2, but investors see little chance of a hike then given its proximity to the election.Harker added he was in favor of a rate increase at the U.S. central bank's September policy meeting and politics never plays a role in its discussions, but the Fed's November meeting would come at an uncertain political juncture.

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