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Fed's Barkin: Not taking signal from jobs & retail sales due to seasonal adjustments

Fed's Barkin: Not taking signal from jobs & retail sales due to seasonal adjustments
  • 25 bps rate path offers flexibility to respond to data
  • There are absolutely some segments of the economy where inflation is slowing, some like food and utilities that's less so
  • Fed that on inflation the US is making 'slow progress'
  • Excess savings, fiscal spending and employers holding onto workers may be offsetting impact on... Read More
Posted: Feb 17 2023, 15:31
Author Name: forexlive
Views: 110212

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