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Saturday, March 4, 2023

Fundamental: Fed's Barkin says he could see rates at 5.5%-5.75%

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Alert Alert Mar 4, 2023, 10:00pm
 
Fundamental: Fed's Barkin says he could see rates at 5.5%-5.75%
Richmond Federal Reserve Bank President Thomas Barkin said on Friday that he could envision a scenario where the central bank pushes the U.S. benchmark policy interest rate to the 5.5%-5.75% range that some in financial markets are now betting it will. "That would suggest inflation was in fact more persistent than a lot of people are forecasting," Barkin ...
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