Federal Reserve Financial institution of Richmond President Thomas Barkin is talking on Friday, 5 January 2024
- at 1.30 pm US Japanese time, which is 1830 GMT
I haven’t bought particulars on the venue or occasion he’s talking at.
Barkin spoke earlier within the week:
- Fed’s Barkin: We’re ‘making real progress’ on inflation whereas economic system wholesome
His key factors had been:
A mushy touchdown is more and more conceivable however by no means inevitable.
I see 4 dangers.
- The U.S. economic system may run out of gas.
- We may expertise surprising turbulence.
- Inflation may stage off at a cruising altitude increased than our 2 % goal.
- And the touchdown may very well be delayed because the U.S. economic system continues to defy expectations.
Is inflation persevering with its descent and is the broader economic system persevering with to fly easily? Conviction on each questions will decide the tempo and timing of any modifications in charges. There’s no autopilot. The information that come on this yr will matter.
This text was written by Eamonn Sheridan at www.forexlive.com.
