Richmond Fed Pres Barkin: Makes sense to be patient on rate cuts
Richmond Fed Pres Barkin: Makes sense to be patient on rate cuts
Makes sense to be patient on rate cutsIn all honesty my forecast is uncertain. That's why it's important to be patient on rate cutsInflation has been coming down nicely over the last seven monthsConcerned that goods prices coming down might be a head fake and may move back the upside in coming months.I don't have a rate path focus. Have a economy focusif inflation continues to calm down, and if it starts to broaden out in many categories, that's a kind of signal I am looking for to start cutting rates
This article was written by Greg Michalowski at www.forexlive.com.
In all honesty my forecast is uncertain. That's why it's important to be patient on rate cuts
Inflation has been coming down nicely over the last seven months
Concerned that goods prices coming down might be a head fake and may move back the upside in coming months.
I don't have a rate path focus. Have a economy focus
if inflation continues to calm down, and if it starts to broaden out in many categories, that's a kind of signal I am looking for to start cutting rates
This article was written by Greg Michalowski at www.forexlive.com.
