Federal Reserve President Tom Barkin Discusses Economy, Inflation, and Recovery Measures Amid Ongoing Wage and Inflation Pressures
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#911ef304 ver:0.28

Federal Reserve President Tom Barkin discusses economy, inflation, and recovery measures amid ongoing wage and inflation pressures. Barkin highlights Fed's actions to support recovery, including lowering interest rates and injecting trillions into the economy. He emphasizes monitoring credit card spending and labor market as indicators. Inflation remains a concern, but Barkin predicts solid demand, tight labor market, and inflation's role in the economy in 2024. He expresses optimism about the US economy, but mentions price increase pressures and wage pressures. Fed will wait to see inflation before rate cuts. Labor market gives time for confidence in inflation cooling. #FederalReserve #economy #inflation...

#newstr #FederalReserve #LaborMarket #Inflation #TomBarkin 

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