Harker Says Fed Should Skip Rate Hike at June Meeting

The transcript discusses the current restrictive monetary policy and the uncertainties surrounding inflation, potential credit issues in the banking sector, and the implications of resolving the debt ceiling crisis. It suggests that instead of pausing, the policy should skip the next meeting's rate increase to better manage these uncertainties.

What does the speaker imply about the future of credit conditions?

What is the speaker's opinion on pausing interest rate increases?