Fed's Harker stated that rate cuts may prolong high inflation. Rate cuts may also encourage risk-taking behavior in financial markets. Banks currently have adequate capital. Cutting rates now may distort market pricing levels. (Jin10)
Fed's Harker stated that rate cuts may prolong high inflation. Rate cuts may also encourage risk-taking behavior in financial markets. Banks currently have adequate capital. Cutting rates now may distort market pricing levels. (Jin10)
All Comments