Free Trial

Barkin Repeats Smart To Take Time To See If Inflation Slows (After Strong CPI)

FED
  • Richmond Fed’s Barkin (’24 voter), speaking in Q&A the day after another upside surprise for CPI, says that it’s smart to take time to see if inflation slows.
  • The headline is identical to prepared remarks he gave last week.
  • The inflation data raises the question if we are seeing a shift.
  • We’re not where we need to be but headed in the right direction. The timing of rate cuts will depend on incoming data.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.