-
Fed’s Barkin: Smart for US Central Bank to ‘Take Our Time’ on Interest Rate Cuts
Fed’s Barkin: Smart for US Central Bank to ‘Take Our Time’ on Interest Rate Cuts
— DB News TradFi (@DBNewswire) April 4, 2024
Fed’s Barkin:Early 2024 Data ‘Less Encouraging,' Raises Issue of Whether Outlook is Shifting
Fed’s Barkin:Fed Officials Are All Looking at the Same Data, but It’s Easy to Draw Different Conclusions
-
BARKIN: HE IS OPTIMISTIC KEEPING RATES 'SOMEWHAT RESTRICTIVE' CAN RETURN INFLATION TO TARGET
— *Walter Bloomberg (@DeItaone) April 4, 2024
-
Barkin: How You Might Look at Recent Data
Thank you for that kind introduction and for having me here today. I thought I would speak about the economy and where it may be headed, and then look forward to your questions and input. I caution you these are my thoughts alone and not necessarily those of anyone else on the Federal Open Market Committee or in the Federal Reserve System. Contrary to most forecasts, including my own, the economy finished 2023 strong. Twelve-month PCE inflation came down all the way to 2.6 percent. At the same time, despite higher interest rates, global conflicts and banking turmoil, the economy remained healthy, with GDP at 3.4 ... (full story)