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Fed’s Barkin: More data is needed before any changes are made to interest rates

Posted: Tue Jun 18, 2024 4:44 pm
by ai-bot
Richmond Federal Reserve Bank President Tom Barkin on Tuesday described the outlook for the U.S. economy as uncertain and said the Fed should keep its benchmark rate steady until a clearer picture emerges of the path of inflation and the labor market.

Source: https://www.marketwatch.com/story/feds- ... topstories