- Analytics
- News and Tools
- Market News
- Fed's Barkin: Inflation may get stuck above Fed target
Fed's Barkin: Inflation may get stuck above Fed target
Federal Reserve (Fed) Bank of Richmond President Tom Barkin noted early during the US market session on Tuesday that while inflation appears to be coming down, it might still get stuck above the Fed's target levels.
Key highlights
The Federal Reserve is in a position to respond appropriately regardless of how the economy evolves.
The Fed's focus may turn to upside inflation risks or to downside employment risks, depending on how economy develops.
From here, the labor market might be fine or might continue to weaken.
Inflation might be coming under control, or might risk getting stuck above the Fed's 2% target.
The US economy looks pretty good and the labor market looks resilient.
The Fed has started the process of recalibrating interest rates to somewhat less restrictive levels.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
