MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Barkin: Views Inflation As More Stubborn Than Average FOMC Member

FED
  • Richmond Fed’s Barkin (’24 voter) keeps his cards close to his chest when speaking for the first time since Wednesday’s FOMC decision.
  • The closest he came to new information is saying that whilst he doesn’t disclose his particular dot, he views inflation as more stubborn than the average FOMC member (which tallies with our view of Barkin as sitting on the hawkish leaning side of center within the FOMC).

Other points:

  • Fed forecasts from the SEP are just a forecast and not guidance.
  • Data has come in nicely, making good progress on inflation.
  • Looking for consistency and breadth in inflation data. Demand, labor and inflation are all normalizing.
  • If inflation falls nicely, Fed would respond appropriately.
Energy BulletsCommodities
Energy BulletsCommodities

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.