Fed’s Barkin: Current Data Shows No Urgent Reason to Cut Rates
Federal Reserve’s Barkin stated that current data does not indicate an urgent need for rate cuts, as the job market and consumer spending remain robust. The final direction of trade policy has yet to be determined, and it is unclear how it will affect prices and employment. Businesses expect to raise prices later this year, as more high-priced imported goods have entered their inventories. Companies not affected by tariffs see the turmoil in trade policy as an opportunity to increase prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed Officials Divided on Tariff Impact and Urgency of Rate Cuts
Fed’s Daly: Will Consider Rate Normalization if Tariff Measures Are Absent
Kindly MD shares fall 4.23% in US trading, market capitalization drops to $111 million
Trending news
MoreCrypto prices
More








