Harmak: More concerned about inflation, inclined to keep interest rates stable until spring
2025-12-21 19:09:44
According to Jin Ten, Federal Reserve's Harker stated that there is no need to adjust interest rates in the coming months after consecutive rate cuts in the past three meetings. She opposes recent rate cuts, believing that the persistent high inflation is a greater concern. Harker expects to maintain interest rates at the current level at least until spring, until there is clearer evidence showing inflation returning to target levels or a substantial weakening in the labor market.
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