According to Odaily, Federal Reserve's Barkin has expressed confidence that the Fed will discuss whether it is still appropriate to describe inflation as high during its July policy meeting. He stated that a 25 basis point rate cut is insignificant regardless; the key issue is when to change the narrative. Barkin emphasized that the best way to maintain credibility is to do the right thing at the right time.
Federal Reserve To Discuss Inflation Description In July Meeting
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