Federal Reserve Barkin: Current data shows no urgent reason to cut interest rates
Internet reports that Federal Reserve Barkin said that current data shows that there is no urgent reason to cut interest rates, the job market and consumption remain strong, the final direction of trade policy has not yet been determined, and it is unclear how it will affect prices and employment; Companies expect to raise prices later this year, as more higher-priced imported goods have entered their inventories; companies that have not been affected by tariffs view the chaos of trade policy as an opportunity to raise prices.
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