Federal Reserve Harker: We may be close to a rate cut, but it's uncertain when it will happen
Federal Reserve's Harker stated that we might be nearing a point of interest rate cut, but it is uncertain when this will happen. He believes the greatest risk lies in the Federal Reserve cutting rates too early and cautioned not to expect rate cuts to occur "immediately and right away".
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The European Central Bank is expected to hold rates steady next week, with markets closely watching economic forecasts and signals on the timing of rate hikes.