Fed's Harker: Must Maintain Restrictive Monetary Policy to Combat Inflation

TechFlow reported on September 26 that, according to Jin10 Data, Federal Reserve official Harker recently stated that the Fed needs to ensure its monetary policy remains in a restrictive stance, thereby effectively pushing the inflation rate back toward the target range.

Harker noted that maintaining restrictive monetary conditions is a necessary prerequisite for achieving price stability. This statement highlights the Fed's policy resolve amid the current macroeconomic environment, indicating that the central bank will not easily pivot to an easing cycle.

Markets are closely monitoring the latest remarks from the bank's officials. Subsequent Fed interest rate decisions and updates to the dot plot will continue to validate its anti-inflation resolve. Related macroeconomic developments are expected to exert a sustained impact on global liquidity expectations.