Patrick Harker, président de la Fed de Philadelphie: la Fed n'agit pas précipitamment

Odaily Daily News According to the Philadelphia Fed President Harker, he still expects the Fed to cut interest rates, but the policy path is shrouded in considerable uncertainty. Harker said, “I still believe that we are on the path of Taux d’intérêt policy easing. I do not intend to deviate from this path or turn around. The exact speed of proceeding will depend entirely on the new data received.” Harker does not have voting rights this year. In his speech, he said, “The overall foundation of our economy remains strong,” but even so, “we are still in a very unstable period,” which limits the guidance on the future policy path. Harker pointed out that it will take longer than expected to bring inflation back to the 2% target. He also said that the labor market has stabilized and remained healthy, and there are increasing signs that low-income earners are under greater pressure, which concerns him. (Jinshi Data APP)