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Fed's Barr: Household balance sheets are generally strong
Fed's Barr is on the wires saying:
- Households balance sheets are generally strong
- A strong balance sheet is positive as we head into next period for the economy
The retail sales today support that idea. What does that consumer strength do for inflation is the main focus for the Fed. That focus will likely keep the Fed tightening into more restrictive territory.
However there is a limit to that tightening.
Today, SF Fed's Daly said she sees termina... Read More
Posted: Nov 16 2022, 17:24
Author Name: forexlive
Views: 102236