Fed's Harker: Rates Can Come Down, But Not Looking to Make Big Preemptive Cuts Before Seeing Inflation Easing

BlockBeats News, February 27th, Federal Reserve's Guerllespey stated, "Rates can be cut, but I don't want to cut them significantly before inflation eases. We will let the economy overheat, not do this. I hope we proceed cautiously. I am one of the most optimistic in the Fed about rate cuts this year. The job market is stable, and the economy has been strong." (Krypton Capital)