The Federal Reserve is skilled at managing expectations; they first stabilize the situation and then issue tough talk, causing the market to decline out of respect.

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Federal Reserve's Harker: Maintaining stable interest rates is reasonable at the moment
BlockBeats News, June 2 — Federal Reserve's Harker stated that maintaining stable interest rates is reasonable for now. If high inflation persists, larger adjustments may be necessary. If inflation trends do not cool down, the Federal Reserve may need to "act promptly." (Jin10)
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