Harker reaffirms that the Fed may keep interest rates steady for a long period

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On February 11th, Harker, president of the American institution, indicated that the Fed’s interest rate policy has conditions to remain frozen for a quite extended period. The Federal official’s statement had a significant impact on the financial markets.

What Harker’s stance means

Harker’s statement presents a cautious outlook on the next steps of the U.S. monetary authority. By suggesting that the maintenance of rates could extend for a considerable amount of time, the Fed president demonstrates relative confidence in the current macroeconomic stability, moving away from scenarios of frequent adjustments in the coming weeks or months.

Impact on crypto investors

Harker’s signal drew the attention of participants in the digital asset market, as changes in U.S. interest rate policies often influence capital flows into speculative segments. Commentators and analysts began to interpret the content of the Federal president’s statements, according to information released by BlockBeats, a platform specialized in cryptocurrency coverage.

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