More from Fed’s Harker in Q&A
- Fed can hold here on rates for now. No rush to cut.
- Future Fed actions will be driven by data.
- May rate cut is not current forecast
- A couple more month data could convince on inflation.
- Wants to avoid premature recut, data will drive fed actions
- Rate cut timing possible for the second half of the year
Harker is a nonvoting member.
This article was written by Greg Michalowski at www.forexlive.com. Source