Fed Barkin: The case for raising rates this week was pretty clear
Richmond Fed Pres. Thomas Barkin (nonvoting member in 2023) in an interview with CNN said:Case for raising rates this week was pretty clearLabor markets are tightPeople hate inflation. Inflation is unfairPeople want the Fed to get control of inflationBringing inflation down creates better conditions for jobsThe economy remains it too high thatEvery decision is hard and fully debatedCLICK for the full interview with CNN by CLICKING HERE This article was written by Greg Michalowski at www.forexlive.com.
Richmond Fed Pres. Thomas Barkin (nonvoting member in 2023) in an interview with CNN said:
- Case for raising rates this week was pretty clear
- Labor markets are tight
- People hate inflation. Inflation is unfair
- People want the Fed to get control of inflation
- Bringing inflation down creates better conditions for jobs
- The economy remains it too high that
- Every decision is hard and fully debated
CLICK for the full interview with CNN by CLICKING HERE
This article was written by Greg Michalowski at www.forexlive.com.
