Fed's Barkin Says It's a Close Call if Rates Are High Enough
Richmond Fed President Tom Barkin said Friday it is uncertain whether current interest rates are restrictive enough to bring inflation back to 2%, describing the decision as a "close call."
Richmond Federal Reserve President Tom Barkin expressed uncertainty on Friday about whether the current level of interest rates is sufficiently restrictive to curb inflation.
In an interview with The Wall Street Journal, Barkin described the decision as a "close call," according to the report.
Source: FXStreet Forex News