Barkin Admits January's Sticky Inflation Rates Complicate Fed's Path Forward January’s inflation data has intensified the complexity of upcoming interest rate decisions for the U.S. Federal Reserve, according to Richmond Fed President Thomas Barkin. In a recent interview, Barkin highlighted the persistent issue of inflation, particularly noting the sustained inflation in shelter and services despite a general slowdown in goods prices. While he expressed caution about overemphasizing the January figures due to potential seasonal distortions, he acknowledged that the latest data certainly did not simplify the Fed’s task but rather compounded the challenges faced in tempering inflationary pressures. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Cash-Strapped Pakistan to Introduce New Series of Currency Notes READ MORE Fed's Emergency Loan Program Sees Crucial Rate Hike READ MORE Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst READ MORE Gold bulls eye more record highs despite lightning gains READ MORE Silver to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 – Silver Institute’s World Silver Survey READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
