Tuesday, August 27, 2024

Fed’s Patrick Harker on ‘Process’ of Rate Cuts, Unemployment

 https://youtu.be/aq_UKrLfySc?si=k97zTIb3rdpiDBNq

*it might be a mistake to follow advise of the commercial banks about momentum of rate movements. FOMC needs to be data dependent and not influenced by "easy money  grabbers."

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