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Feds Barkin: Wants further evidence that inflation is settling back to target
Fed's Barkin is saying:Wants further evidence that inflation is settling back to targetEconomy operating just fine current level of ratesHe's reassured by what he's seeing in the banking sectorNever want to declare victory on potential bank strainThe Fed playbook is to raise rates by 25 basis points at the May meeting. That is where the playbook may diverge as some see inflation still too high. We did see on Friday the Michigan one year inflation expectations move up to 4.6% from 3.8% last mon...
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Posted: Apr 17 2023, 17:29
Author Name: forexlive
Views: 110236
