Federal Reserve's Harker: Recent interest rate hikes may be appropriate
According to Jinshi reports, Federal Reserve's Harker stated that a recent interest rate hike may be appropriate as the labor market seems to be balancing. She pointed out that the unemployment rate remains at 4.3%, which is essentially consistent with full employment. Harker believes that given the uncertainty of the economic outlook, it is reasonable to keep interest rates stable, but if recent trends continue, action may be needed soon.
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