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### Fed Official Harker: Inflation is Falling, But Reaching the 2% Target Will Take Time
In recent comments, Federal Reserve official Patrick Harker highlighted that inflation is on a downward trend; however, achieving the 2% target will require additional time. Harker also pointed out that it is likely for the unemployment rate to rise slightly, potentially reaching just below the 5% mark. Furthermore, he indicated that the Federal Reserve is prepared for gradual reductions in interest rates as part of their monetary strategy. This balanced approach aims to stabilize the economy while addressing inflation and employment goals. Crypto markets may watch these developments closely, given the potential impacts on liquidity and investment trends.
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