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Fed's Barkin: Businesses are still willing to raise prices
FED'S BARKIN: BUSINESSES ARE STILL WILLING TO RAISE PRICES.
— FinancialJuice (@financialjuice) May 16, 2024
Added at 10:08am
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FED'S BARKIN: SERVICES IN PARTICULAR STILL FEEL THEY CAN RAISE PRICES.
— FinancialJuice (@financialjuice) May 16, 2024
Added at 10:08am
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FED'S BARKIN: RETAIL SALES DATA SHOW CONSUMER SPENDING IS GOOD, BUT NOT GREAT.
— FinancialJuice (@financialjuice) May 16, 2024
Added at 10:09am
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FED'S BARKIN: CPI IS STILL NOT WHERE THE FED IS TRYING TO GET.
— FinancialJuice (@financialjuice) May 16, 2024
Added at 10:10am
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FED'S BARKIN: THE EDGE HAS TO COME OFF OF DEMAND MORE TO HIT 2% INFLATION.
— FinancialJuice (@financialjuice) May 16, 2024