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Barkin: Assess Once Get To 2-3% Neutral Rate Estimate Range

FED
  • Barkin (’24 voter) thinks the Fed should decide whether to put the brakes on the economy after the fed funds rate has gotten in the neutral range of 2% to 3% according to FOMC colleagues.
  • Bloomberg additionally reports him saying it will take a little time but the Fed is on the case.
  • It follows comments from Friday that he would personally leave the door open to 75bp hike if inflation expectations became unanchored.

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