Federal Reserve's Harker: Rate cuts could prolong high inflation
Jinse Finance reported that Federal Reserve's Harker stated that rate cuts could prolong high inflation. Rate cuts may also encourage risk-taking behavior in financial markets. Banks are currently well-capitalized. Cutting rates now could distort market pricing levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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