Fed's Harker: Holding Rates Steady Would Be 'Prudent'

The video discusses the economic perspective on policy rates, emphasizing the need for stability amidst uncertainty. It highlights the challenges in forecasting due to limited data and outlines a cautious approach to future policy adjustments. The speaker supports the 'higher for longer' stance on rates, driven by data and economic trends, to achieve a soft landing for the economy.

What is the speaker's stance on inflation and rate increases?

What does the speaker believe is necessary for achieving a soft landing in the economy?