Federal Reserve's Barkin expressed caution regarding inflation, stating he didn't gain more confidence in Q1 this year. He emphasized the need for sustainment and broadening in disinflation to reach the 2% target.
#Fed Barkin's Remarks: "This month's inflation reading was very encouraging." "Need to see sustainment and broadening in disinflation to give me confidence we're heading back to 2%." "I didn't get more confidence in Q1 this year about inflation, we'll see where we go."
Fed Barkin's Remarks: "This month's inflation reading was very encouraging." "Need to see sustainment and broadening in disinflation to give me confidence we're heading back to 2%." "I didn't get more confidence in Q1 this year about inflation, we'll see where we go."…
⚠️ FED'S BARKIN: **I DIDN'T GET MORE CONFIDENCE IN Q1 THIS YEAR ABOUT INFLATION, WE'LL SEE WHERE WE GO **NEED TO SEE SUSTAINMENT AND BROADENING IN DISINFLATION TO GIVE ME CONFIDENCE WE HEADING BACK TO 2% **HEADLINE INFLATION NUMBERS HEADING IN COMPLETELY THE RIGHT DIRECTION…
FED’S BARKIN: I DIDN’T GET MORE CONFIDENCE IN Q1 THIS YEAR ABOUT INFLATION, WE’LL SEE WHERE WE GO FED’S BARKIN: NEED TO SEE SUSTAINMENT AND BROADENING IN DISINFLATION TO GIVE ME CONFIDENCE WE HEADING BACK TO 2%
FED'S BARKIN: I DIDN'T GET MORE CONFIDENCE IN Q1 THIS YEAR ABOUT INFLATION, WE'LL SEE WHERE WE GO.