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Fed’s rate path balances inflation fight and pandemic unknowns, Barkin says

Fed's rate path balances inflation fight and pandemic unknowns, Barkin says


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The rate increases projected by Federal Reserve officials this week represented a “balancing act” between the need to begin normalizing monetary policy in the face of high inflation, while guarding against a fast tightening of credit that could damage the economy, Richmond Fed President Thomas Barkin said on Friday.

...read full article on Reuters