Fed's Barkin: Inflation is more likely to persist than a simple drop to 2%

Fed's Barkin: Inflation is more likely to persist than a simple drop to 2%

FED'S BARKIN: INFLATION IS MORE LIKELY TO PERSIST THAN A SIMPLE DROP TO 2%.
— Breaking Market News (@financialjuice) January 12, 2023

Added at 1:47pm

FED'S BARKIN: TO MAINTAIN CREDIBILITY, THE FED SHOULD MEET ITS 2% INFLATION TARGET.
— Breaking Market News (@financialjuice) January 12, 2023

Added at 1:48pm

FED'S BARKIN: IN PRINCIPLE I'M SUPPORTIVE OF A SLOWER BUT LONGER AND POTENTIALLY HIGHER RATE PATH.
— Breaking Market News (@financialjuice) January 12, 2023

Ah, I guess this rally is going to be short-lived, after all.

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table

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