Remarks from Federal Reserve (Fed) Bank of Richmond President Thomas Barkin underline the economy’s resilience even as inflation remains above target. Barkin notes that, to date, rate cuts are framed as insurance for the labour market while the Fed works through the final phase of disinflation.
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Source: https://www.fxstreet.com/news/feds-barkin-the-feds-last-mile-comes-with-structural-risks-202602031306
