Federal Reserve's Barkin anticipates that the U.S. central bank will discuss at the July policy meeting the appropriateness of characterizing inflation as elevated. He emphasizes the importance of low inflation sustainability and its broadening impact. Barkin seeks further evidence of disinflation persistence and expresses optimism about its expansion. Recent housing inflation data is viewed positively, with a focus on maintaining disinflation. The labor market in the U.S. remains robust.
Fed’s Barkin: Feels Sure #FOMC Will Debate Whether It Is Still Appropriate To Describe Inflation As Elevated At July Policy Meeting - ‘Very Encouraged’ Disinflation Is Broadening, Hopes It Continues - Still Looking For ‘A Bit More Evidence’ That #Disinflation Will Be Sustained
FED'S BARKIN: RECENT HOUSING INFLATION DATA WAS ENCOURAGING || SAYS HE'S BEEN VERY ENCOURAGED THAT DISINFLATION IS BROADENING AND HOPES IT CONTINUES FED'S BARKIN: STILL LOOKING FOR A BIT MORE EVIDENCE THAT DISINFLATION WILL BE SUSTAINED || THE NUMBER ONE WAY FOR THE FED TO KEEP…
FED'S BARKIN SAYS HE'S SURE U.S. CENTRAL BANK WILL DEBATE AT JULY POLICY MEETING WHETHER IT IS STILL APPROPRIATE TO DESCRIBE INFLATION AS ELEVATED || LOOKING FOR LOW INFLATION TO SUSTAIN AND BROADEN; STARTING TO SEE THE BROADENING FED'S BARKIN: NO ONE 25-BASIS-POINT INTEREST…