Market news
15.01.2025, 15:52

Fed’s Barkin: Inflation is coming down

Richmond Federal Reserve President Thomas Barkin remarked on Wednesday that December’s US inflation data suggests price pressures are continuing to ease. His comments came after a government report revealed that a key underlying measure of price increases had slowed during the month.

Key Quotes

Inflation is coming down towards 2% target 

Says he can see paths where inflation is sticky or continues to progress towards target 

Says he was encouraged by the unemployment rate in December 

Seems the job market has stabilized 

Not much to support arguments that the economy is growing weaker 

Says he is not concerned about overheating economy right now; demand is solid but not booming 

Long rates right now are consistent with early 2000s, which was not a restrictive time for business 

Says he has not seen anything in long rates that would influence Fed policy at this point 

Regarding incoming Trump administration's policies, the direction of travel may be clear on things like tariffs but the details are not 

Businesses generally saying that price-setting behavior is moving to pre-pandemic patterns 

© 2000-2025. 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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.

Feedback
Live Chat E-mail
Up
Choose your language / location
Click Subscribe to receive notifications about promotions and bonuses