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Fed's Barkin says he won't pre-judge the outcome of the Sept FOMC meeting
Consumer spending and economic strength make it possible US economy could re-accelerate before inflation coolsIf inflation remains high and demand gives 'no signal' it is likely to drop, that would require tighter mon polRecent moves in bond yields not a sign of 'inappropriate' market tightening, likely a response to strong economic dataBarkin has no idea what's going on bonds either. In any case, there's a hawkish bent to these comments and the S&P 500 is at the lows of the day...
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Posted: Aug 22 2023, 15:55
Author Name: forexlive
Views: 112595