Federal Reserve Bank of Richmond President Thomas Barkin remarks being reported. He is sounding vague on moves lower for Fed Funds rates:
- hope to eventually bring interest rates back to normal
- a lot of frenzy has been taken out of the housing market
- seeing banks pull back credit, a not-unexpected outcome
USD barely changed on these remarks.
![Fed's Barkin](https://images.forexlive.com/images/Fed%27s%20Barkin_id_a6e1700d-6202-4351-8c98-efa27c3b069f_original.jpg)
Fed's Barkin