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Federal Reserve officials, including Richmond Fed President Thomas Barkin and Ex-Fed Bullard, are considering interest rate reductions due to signs of cooling inflation. Barkin emphasizes the need for clearer inflation signals before a rate cut, while Bullard expects a slow pace of rate cuts, sparked by the latest US CPI data.
Fed could cut interest rates in July as economy shows recession signs https://t.co/kfsqrT6pqR
Fed can cut rates, but won't yet as risk of fresh inflation 'too great:' Jefferies https://t.co/cEsWLN4VEO https://t.co/GTFsMrFyaY
Fed’s Barkin wants more evidence on inflation before rate cuts https://t.co/FSKn8ToiOs https://t.co/zrBFW03GHl