Fed’s Barkin: Inflation is still too high – by MSalordFX Fed CentralBanks Inflation DollarIndex
Barkin stated that he is comfortable with doing more policy tightening if incoming data does not confirm that inflation will return to the 2% target. He pointed out that a relevant question is whether inflation can settle while the labor market remains as strong as it is. He also warned that demand remains elevated while supply is constrained.
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