Barr sticks to the Fed script.
- US economy on sound footing, unemployment low and steady, disinflation has continued
- Inflation set to rise due to tariffs
- Tariffs may also cause economy to slow, unemployment to rise
He’s in the wait-and-see mode, which isn’t a surprise. Odds of a July cut are back down to 18% from 25% yesterday at the Bowman peak.
This article was written by Adam Button at www.forexlive.com.
