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Fed's Barkin says the Bank is still a "good way away" from its 2% inflation target

More remarks from Federal Reserve Bank of Richmond President Thomas Barkin. He is speaking (and taking questions) on the economy before the Risk Management Association.Federal Reserve is still a "good way away" from its 2% inflation targetWill not prejudge the July meetingWould support rate cuts when there is conviction inflation is heading downThe question of how much slack is needed to lower inflation is 'the fundamental question' the Fed needs to dig intothere are many pandemic-era forces sti... Read More

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Posted: Jun 22 2023, 21:35

Author Name: forexlive

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