Fed's Barkin says labor market may be weaker than data indicate and rate hikes remain on table
Federal Reserve official Thomas Barkin stated that the labor market may not be as strong as data indicate and should be viewed as vulnerable, while also saying rate hikes remain on the table and the Fed is not currently providing forward guidance. He also noted slowing headline inflation will help maintain expectations and expressed concern about lower-end consumer spending.
Detected & updated continuously · Source: Nebula
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🚨 FED'S BARKIN: LABOR MARKET MAY NOT BE AS STRONG AS DATA INDICATE, SHOULD BE VIEWED AS VULNERABLE
@blckchaindaily
🚨 FED'S BARKIN: SLOWING HEADLINE INFLATION WILL HELP MAINTAIN EXPECTATIONS
@DeItaone
FED'S BARKIN: CURRENT LEVELS OF FEDERAL DEBT ARE AN INFLATIONARY "WIND" THAT THE FED HAS TO NAVIGATE AGAINST
@blckchaindaily
🚨 FED'S BARKIN: AI'S NET JOB IMPACT LESS CONCERNING THAN NECESSARY JOB RELOCATION IT WILL CAUSE
@blckchaindaily
🚨 FED'S BARKIN: WORRIED ABOUT HOW LONG LOWER-END CONSUMER SPENDING CAN HOLD UP
@blckchaindaily
🚨 FED'S BARKIN: FED IS NOT CURRENTLY PROVIDING FORWARD GUIDANCE
@blckchaindaily
🚨 FED'S BARKIN: DEBATING FOCUS ON 5+ YEARS ABOVE-TARGET INFLATION VERSUS RECENT SLOWING
@unusual_whales
Fed's Barkin: Fed rate hikes still on table