Fed Hamak: Fed policy needs to maintain a certain degree of tightening to drop inflationary pressures.

BlockBeats news, on November 14, Fed's Harker stated that as the job market softens, the employment aspect of the Fed's responsibilities faces challenges. Sources have reported that inflation is too high and is moving in the wrong direction. The current unemployment rate is close to its highest level. This is a difficult time for monetary policy. Some inflation may be driven by tariffs, but service inflation is indeed concerning. The Fed's policy needs to maintain a certain level of tightening to drop inflationary pressures. Tariffs are expected to push up inflation rates before the beginning of next year. (Jin10)