Fed’s Harker: US monetary policy has 'done what it can,' arsenal is limited - RTRS

Speaking in Dublin, Federal Reserve Bank of Philadelphia President Patrick Harker said that fiscal reforms are needed by the government now to boost economic growth.

Key Quotes via Reuters:

“It's time for fiscal and other policies to take the reins”

“The economy has reached a point where monetary policy has done what it can”

“Some job and wage losses can be attributed to the effects trade”

“International trade helps more than it hurts”