Richmond Fed president Barkin: Relative price stability is more important than a few months of price rises

Market news

24 June 2021

Richmond Fed president Barkin: Relative price stability is more important than a few months of price rises

Says he expects near-term inflation pressures to ease toward Q4
Household net worth is elevated due to stimulus
People seem to be choosier around low wage jobs

Philadelphia Fed president Harker: Employment remains down significantly

U.S. durable goods orders increase less than expected in May

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