US FED'S HARKER CONFIRMS INTEREST RATE CUT CYCLE WILL CONTINUE
Patrick Harker, a US Federal Reserve official, confirmed that the central bank is continuing to lower interest rates.
He emphasized that the Fed is committed to a more lenient monetary policy approach.
The pace of rate cuts will depend on economic data.
Harker acknowledged uncertainty in global events, such as:
The war in Ukraine.
Tensions in the Middle East.
Political instability in some European countries.
Decisions will adapt to new developments and data.
