Here's your summary from Harker Says One Fed Rate Cut in 2024 Is Appropriate (https://www.youtube.com/watch?v=s2O-JiqqQWE) on the Bloomberg Television channel:
**TLDR:** Harker believes one Fed rate cut in 2024 may be appropriate to bring inflation back to target.
1. Harker is closely monitoring inflation data and believes progress on disinflation has resumed.
2. He expects modest progress in the coming months and is considering a rate cut by year end.
3. Harker emphasizes the importance of remaining data-dependent in uncertain times.
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