Fed’s Barkin cautious on rate cuts amid lingering inflation pressures
Richmond Fed President Thomas Barkin expressed a cautious stance on the prospect of Fed starting to cut interest rates in the near future, citing ongoing inflation pressures as a primary concern. In an interview with CNBC, Barkin emphasized the need for inflation to normalize before considering adjustments to the interest rate policy. “I’m still hopeful […] The post Fed’s Barkin cautious on rate cuts amid lingering inflation pressures appeared first on Action Forex.
Richmond Fed President Thomas Barkin expressed a cautious stance on the prospect of Fed starting to cut interest rates in the near future, citing ongoing inflation pressures as a primary concern. In an interview with CNBC, Barkin emphasized the need for inflation to normalize before considering adjustments to the interest rate policy. “I’m still hopeful […]
The post Fed’s Barkin cautious on rate cuts amid lingering inflation pressures appeared first on Action Forex.
.png){kind=small}
