• Fed's Barkin: Inflation data did not increase confidence disinflation is spreading

Noticias del mercado

11 abril 2024

Fed's Barkin: Inflation data did not increase confidence disinflation is spreading

Richmond Federal Reserve Bank President Thomas Barkin said on Thursday that the latest inflation data did not increase his confidence that disinflation is spreading in the economy, per Reuters.

Key takeaways

"Latest inflation data looks like disinflation did at end-2023, with goods prices falling, shelter moving sideways and services increasing."

"Fed is not yet where we want to be on inflation, though headed in the right direction over a longer time frame."

Market reaction

The US Dollar preserves its strength after these comments and was last seen gaining 0.08% on the day at 105.27.

 

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: