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Fed's Barkin: I'm not yet convinced inflation is on a steady path downward

Fed's Barkin: I'm not yet convinced inflation is on a steady path downward
Barkin says he's very comfortable with data dependency but not yet convinced inflation is on a steady path downwardSays he sees demand moderating but it may need to cool even more for inflation to come back to 2% inflation targetJobs market has moved from 'red hot to hot', though some secondary indicators point to some easingHe is withholding June decision given the data still to comeThere has been plenty of talk today but there has been nothing to indicate anyone is eager to hike again in June... Read More
Posted: May 15 2023, 19:20
Author Name: forexlive
Views: 081739

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