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Fed's Harker reiterates support for shifting to 25 bps increments
- The time for supercharging rate hikes is over
- Fed committed to lowering inflation back to 2%
- Expects Fed to raise rates 'a few more times' this year
- Expects inflation to moderate to 3.5% this year
- Inflation will fall to Fed's target in 2025
- US economy to grow 1% this year, unlikely to suffer recession
- US unemployment rate to tick up to 4.5% this year before ebbing
2025 is a long time to wait to get back to target. Harker is a go... Read More
Posted: Jan 18 2023, 20:18
Author Name: forexlive
Views: 112532
