Fed Barkin: Is inflation calming? That’s really the core question for this year

Richmond Fed President Thomas Barkin said in a podcast that “while the average (inflation) has dropped, the median has still stayed high”. “That’s because the average has been distorted by falling prices for a few goods, like used cars, that escalated unsustainably during the pandemic,” he said. “We have seen three good months on the […]

The post Fed Barkin: Is inflation calming? That’s really the core question for this year appeared first on Action Forex.