Fed's Barkin: If the economy runs moderately, interest rates are expected to adjust moderately.
ChainCatcher news, according to Jinse Finance, Federal Reserve's Barkin stated that since he expects little change in economic activity for the remainder of this year, interest rates will be adjusted moderately. "I see the economy running moderately. If the economy runs moderately, that means interest rates will also be adjusted moderately," he said. "I'm not sure if the economy will actually develop so moderately. We'll have to wait and see when the time comes. So that's my forecast, but forecasts can change."
Barkin refused to indicate what action he would be inclined to support in September. "I know there are still three and a half weeks until the next meeting, and I will make the best judgment I can on that day based on all the information," he said.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The three major U.S. stock indexes closed slightly higher, with NIO up 10%.
BTC surpasses $111,000
Analysis: The Federal Reserve will undergo significant "Trumpification" by 2026
Trending news
MoreCrypto prices
More








