Even more Barkin: I do not believe we are at neutral yet, but we are near.

Author: Greg Michalowski | Category: Central Banks

Richmond Fed President

  • Government shutdown has indirect impact on business confidence
  • The longer the government shutdown continues, the more you are likely to impact confidence
  • He is in favor of normalizing interest rates at the right pace, right time
  • Uncertainty increase by lack of full economic data due to government shutdown
  • Economy will tell us whether time is right to go back to neutral, depends on data

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