Feds Barkin: Will start to taper when see substantial progress

Author: Greg Michalowski | Category: Central Banks

Speaking on CNBC


Feds barking on CNBC
  • will start to taper when see substantial progress
  • only modest progress on price pressure employment
  • we will see price pressure this year
  • inflation is a recurring phenomenon. Expect inflation to come down next year
  • he is watching inflation expectations closely
  • no signs of breakout inflation
  • we'll make a move on policy once we get employment to population in the right place and when get inflation in the right place
  • I don't directly tie policy to virus case counts or vaccinations pace
  • encouraged by drops and hospitalizations and deaths
  • have not seen much overheating
  • would like to see stronger global economic growth
  • The beauty of an outcome based economic policy is the market sees what we see and the market can react to those outcomes.  
  • Crypto is not doing much cannibalization of the dollar


Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose