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Federal Reserve's Harker: Recent rate hikes may be appropriate

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Golden Finance reports that on June 6th, Federal Reserve's Harker stated that as the labor market appears to be balancing, a recent rate hike may be appropriate. Harker said that although she does not pay excessive attention to any single data point, today's employment report once again confirms that the labor market seems to be roughly in balance. She stated that the unemployment rate remains at 4.3%, "which is essentially consistent with my definition of full employment." "Given the uncertainty about the economic outlook, it is reasonable to keep interest rates stable for now. But if recent trends continue, action may be needed soon." This essentially repeats her remarks made on June 2nd.
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