Fed Harker: Will consider cutting interest rates only next year, raising interest rates depends on inflation

According to Golden Ten reports, Fed Harker said in an interview with Bloomberg TV that it will not consider cutting interest rates until next year. The Fed must reduce the inflation rate to 2%. The Fed is in a tightening stance and needs to continue to exert pressure if the process of falling inflation stalls. , may call for a rate hike, but currently do not believe further rate hikes are needed.