Federal Reserve's Harker: Rate cuts may occur if growth slows and inflation eases, and they could happen quickly

ChainCatcher news, Federal Reserve's Harker stated that if growth slows and inflation eases, there may be interest rate cuts, potentially even rapid cuts. The current restrictive monetary policy is necessary to reduce inflation, financial conditions have tightened, and responding correctly is better than acting too early; high inflation and slow growth will pose challenges to Federal Reserve policy. (Jin Ten)