Fed's Barkin: Not taking signal from jobs & retail sales due to seasonal adjustments

• 25 bps rate path offers flexibility to respond to data
• There are absolutely some segments of the economy where inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is slowing, some like food and utilities that's less so
• Fed that on inflation the US is making 'slow progress'
• Excess savings, fiscal spending and employers holding onto workers may be offsetting impact on Fed rate increases
• Controlling inflation will require more rate increases, how many "we'll have to see"

These are some more-constructive comments from a Fed official who is usually close to the core. The seasonal adjustment comment on the January