Barkin sees interest rate hikes ahead, but at a gradual pace
Summary
Federal Reserve official Barkin stated during a television interview that inflation remains a key concern requiring adjustments to monetary policy. He indicated that future interest rate increases are likely, though they will be implemented at a slower pace moving forward.
In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust.
Source: Read the full story at US Top News and Analysis
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