Fed's Barkin: There's more to come to get rates into restrictive territory | The Markets Café
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
Sunday, April 2, 2023
No Result
View All Result
Subscribe
  • Login
The Markets Café
en English
zh-CN 简体中文en Englishfr Françaisde Deutschhi हिन्दीit Italianoja 日本語pt Portuguêsru Русскийes Españoltr Türkçe
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
No Result
View All Result
The Markets Café
No Result
View All Result
  • News
  • Politics
  • Markets
  • Crypto
  • Economy
  • Finance
  • Forex
  • Investing
  • Tech
  • Videos
  • Community
Home Forex

Fed’s Barkin: There’s more to come to get rates into restrictive territory

by Press Room
August 13, 2022
in Forex
97 6
A A
0
21
SHARES
687
VIEWS
FacebookTwitter

Richmond Fed President Thomas Barkin said on Friday that there is more to come to get rates into the restrictive territory and noted that he would like to see PCE inflation running at target for some time, as reported by Reuters.

Additional takeaways

“Economy weathering rate hikes well.”

“Economy is fundamentally sound.”

“Inflation is being driven by commodity prices, supply chain issues, demand.”

“Raising rates would not be inconsistent with a tight labor market.”

“On financial conditions, I look at real rates, I want them to be positive.”

“We are on brink of moving real rates to positive territory.”

“We need to sustain them there and follow through with expectations on rate hikes.”

“Demand is definitely softening.”

“Demand for higher-end services is still robust.”

“You need to get inflation down on a sustained basis, then talk about what you do with rates.”

“If you can get inflation to target for a number of months, that’s what we’d like to see.”

“Not every recession is like the great recession.”

“There have been a lot of modest recessions.”

“We’ve got a lot of time before the September meeting.”

“Will keep eyes on economic data and make up mind closer to meeting.”

“We’ll see how much demand will need to soften to get inflation under control.”

Market reaction

The dollar continues to outperform its rivals after these comments and the US Dollar Index was last seen rising 0.55% on the day at 105.65.

Read the full article here

Related Articles

Forex

GBP/USD succumbs as market players buy US Dollars on weekly, quarter, and monthly-end flows

April 2, 2023
Forex

Pound Sterling Price News and Forecast: GBP/USD succumbs as market players buy US Dollars on weekly

April 2, 2023
Forex

Forex Today: Focus shifts to US employment data

April 1, 2023
Forex

Fed’s Collins: Tight monetary policy is key to lowering inflation

April 1, 2023
Forex

Fed’s Williams: Expects inflation to decline to around 3.25% this year

April 1, 2023
Forex

Canada Employment: More modest gains in the coming months – NFB

April 1, 2023

About Us

The Markets Café

The Markets Cafe is your one stope Finance, Politics and bussines news website, follow us to get the latest news and updates from around the world.

Sections

  • Commodities
  • Crypto Markets
  • Crypto News
  • DeFi
  • Economy
  • Explained
  • Finance
  • Forex
  • Futures
  • Investing
  • Markets
  • News
  • NFT
  • Politics
  • Real Estate
  • Stocks
  • Tech
  • Videos

Site Links

  • Contact
  • Advertise
  • DMCA
  • Submit Article
  • Forum
  • Site info
  • Newsletter

Newsletter

THE MOST IMPORTANT FINANCE NEWS AND EVENTS OF THE DAY

Subscribe to our mailing list to receives daily updates direct to your inbox!

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

© 2022 The Markets Café - All rights reserved.

No Result
View All Result
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • Videos
  • Community
  • Charts

© 2022 The Markets Café - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.