Subscribe To
Fed's Barkin: Anecdotal information points to more economic slowing that data is showing
Anecdotal info points to better labor demand and slowing growthFed has time to see data before making next rate hike movePath for inflation is not yet clear, but sees clear progressWage pressures remain but overall they have moderatedStill seeking confirmation that economy is slowingBusinesses see less pricing power but still willing to probe on price increasesIf recession arrives, it's possible it would be milder than other downturns“I see an economy that is much further along the path to deman...
Read More
Posted: Oct 17 2023, 14:45
Author Name: forexlive
Views: 112233