Fed's Harker (2026 voter) says amid uncertainty, Fed must wait and see on next policy steps
- Entirely possible Fed may face climbing inflation and unemployment at same time.
- Slow disinflation by itself justfied Fed holding steady on interest rates.
- Still no idea how shifting economic policies will affect economy
- US economy resilient but there are stresses in foundation.
- Hard data have remained robust.
- Thus far job market has been mostly stable.
- Economy faces many different possible paths.
- Fed independence is critical to maintain.
05 Jun 2025 - 18:30- Fixed IncomeImportant- Source: Newswires
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