Fed's Barkin: Will have to restrict monetary policy, question is how much By eren_fxstreet Fed CentralBanks
of Richmond President Thomas Barkin said on Tuesday that he will remain focused on actual inflation and expectations between now and the July policy meeting, as reported by Reuters."Inflation is high and broad-based.""After Michigan survey, I felt it was possible to do a 75 bps hike.""I am also watching signals on the demand side.""I want positive forward-looking real rates across the curve.""Economy is normalizing.
"Lot of pressures caused by reaction to pandemic such as supply chain issues are going to settle, that will bring down pressures on inflation.""We'll see how much as we get into it."These comments don't seem to be having a noticeable impact on the dollar's performance against its rivals. As of writing, theInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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