The Fed's Chair Harker Hawkish Again: Monetary Policy Still Needs to Remain Tight to Curb Inflation

By: theblockbeats.news|2025/11/14 00:48:51
0
Share
copy

BlockBeats News, November 14th, the Federal Reserve's Harker stated that although the U.S. dollar is not a core topic of central bank discussions, this year's weakness in the dollar does not seem to be a cause for concern. Harker said: "I think there has been a lot of discussion this year about the U.S. dollar and its weakness. But it is important to remember that we started from a state of the dollar being extremely strong, so this year's weakness is largely just bringing the dollar closer to its theoretically fair value, making it more reasonable compared to other currencies."

Harker also stated that the interest rate policy should remain restrictive in order to exert downward pressure on the still concerning level of inflation. "Given the Federal Reserve's dual mandate of inflation and employment facing challenges, this is a difficult period for monetary policy. But overall, I think we need to maintain a certain degree of tightening to continue to exert pressure on inflation and bring it back down to our target level." (FXStreet)

You may also like

Should You Buy Bitcoin Now? What the Data Says After a 50% Pullback

Should you buy Bitcoin now? Explore Bitcoin's nearly 50% pullback, ETF outflows, on-chain data, Strategy's BTC sale, and historical trends to assess whether July 2026 is a buying opportunity.

Founder of Baixing.com: I believe half of the statement that large language models devour everything

The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?

A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets

Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.

How has Binance's stock business performed in the 30 days since its launch?

Emerging market buying supported the first wave of demand.

WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open

To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Bangladeshi Taka (BDT) and Sri Lankan Rupee (LKR) are now available on WEEX P2P!

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com