Fed's Barkin: Not seeing inflation as trigger for more accomodation

Author: Forex Live | Category: Central Banks

Richmond Fed President speaking in Idaho

  • Job market historically strong, inflation outlook stable
  • Inflation may be closer to target than thought
  • Roller coaster for business confidence continues
  • US economy is struggling with confidence
  • Not seeing much case for stepping on brakes or on gas
  • US economy is struggling with confidence
  • business confidence is fragile, uncertainty rising
The comments from Barkin and Bostic seem to be trying to dampen markets expectations a bit for big trends in rate declines but still maintaining that there are risks.  
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