More from Fed's Barkin: It is a good time to pause with interest rates

Author: Greg Michalowski | Category: Central Banks

More from Richmond Fed Pres. Thomas Barkin (non voter)

  • It is a good time to pause with interest rates and see how the economy evolves
  • If there is a material change in the US economic outlook, the Fed will have to reassess its stance of monetary policy
  • Where you hear the most negativity about the US economy is from companies that have international exposure
  • The cut interest rates this year is relatively unprecedented given the state of the US economy
  • Wil see in about 6 to 9 months whether the years interest rate cuts have the desired effect
  • At the October FOMC meeting he felt that uncertainty was less then at the September meeting but it has far from gone away

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