Federal Reserve's Harker: The current state of the U.S. economy is good, and the labor market is strong

ChainCatcher news, according to Jinshi reports, Federal Reserve official Hamak delivered a speech stating that the current economic situation is good, and the job market remains robust.

He emphasized that the current inflation risk is tilted to the upside, and it is still unclear whether inflation will continue to decline to 2%. The current monetary policy is only "moderately restrictive," and controlling the inflation rate within the target range is crucial for the Federal Reserve.

Hamak also stated that the Federal Reserve is fully prepared to respond to economic changes. While reducing inflation, the Federal Reserve faces the challenge of maintaining a healthy job market.