Fed's Barkin: September cut was warranted because rates were 'out of sync'
02.10.2024, 16:23

Fed's Barkin: September cut was warranted because rates were 'out of sync'

Federal Reserve (Fed) Bank of Richmond President Tom Barkin spoke on Wednesday about the Fed's recent moves on rates, and cautioned that the fight on inflation may not be over as risks remain.

Key highlights

50 BPS rate cut in September was warranted because rates were 'out of sync’ with decline in inflation and the unemployment rate near its sustainable level.

The Fed can't declare inflation battle over. I expect little further drop in Core PCE Price Index until next year.

50 BPS of cuts shown as the median Fed policymaker projection for the rest of this year would also take a little bit of the edge off rates.

I am watching closely how lower interest rates influence home and auto sales to see if demand risks outrunning supply.

Recent labor action and geopolitical conflict are also among inflation risks.

Whilst low-hiring, low-firing labor market could persist, demand for workers could also move higher if demand expands.

The pace and extent of rate-reduction cycle requires Fed to be attentive to how economy and inflation develop.

 Fed rate cuts are to recalibrate to a less restrictive position.

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik