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Fed's Harker: We're close to the place where we can hold rates in place
Closely monitoring data to assess whether additional policy tightening will be neededProjects 2023 GDP growth below 1%, unemployment to rise to 4.4%Expects inflation to fall to around 3.5% this year and 2.5% next year, at 2% target in 2025Sees promising signs that Fed's rate hikes are workingHarker's comments yesterday highlighted the possibility of the Fed skipping a hike at the upcoming meeting.Some of these forecasts indicate that the Fed will be thinking about cutting around year end...
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Posted: Jun 1 2023, 17:01
Author Name: forexlive
Views: 112582
