[Federal Reserve's Harker: More Concerned About Persistently High Inflation, Prefers to Keep Rates Stable Until Spring] BlockBeats News, December 21, Federal Reserve's Harker stated that after three consecutive rate cuts in the past meetings, there is no need to adjust interest rates in the coming months. Harker opposes recent rate cuts as she is more concerned about persistently high inflation rather than potential vulnerabilities in the labor market. Harker is not a voting member of the rate-setting committee this year but will become a voting member next year. 'My baseline expectation is that rates can be maintained at their current level for a period of time, at least until spring. Until we obtain clearer evidence indicating either that inflation is falling back to target levels or that the labor market is showing more substantial weakness,' she said in an interview with The Wall Street Journal's *Take On the Week* podcast on Thursday. (Jin10)