Fed's Mouthpiece: Philadelphia Fed President Harker is "on hold" regarding whether to cut interest rates once or twice in 2025
According to Jinshi report, "Fed mouthpiece" Nick Timiraos: Philadelphia Fed Chairman Harker stated at the December meeting that he is "in a wait-and-see state" as to whether there will be one or two rate cuts in 2025. At present, this is indeed a difficult question to predict. The forecast is very difficult and there are many uncertainties.
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