Federal Reserve's Harker: Fed Could Cut Rates if Growth Slows and Inflation Eases, Possibly even Cut Quickly

BlockBeats News, April 17th, the Federal Reserve's Harker stated that if growth slows and inflation eases, a rate cut could be considered, even potentially a swift one. The current restrictive monetary policy is necessary to reduce inflation, financial conditions have already tightened, slowing the pace, making the right response is better than acting too early, high inflation and slow growth will pose a challenge to the Fed's policy. (FXStreet)