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Posted 3 hours ago
Fed's Barkin Says Recent US Inflation Report Disappoints
Fed official Barkin signaled disappointment with a higher-than-expected inflation reading, keeping focus on the Fed's reaction function ahead of this week's Core PPI and Core Retail Sales data. PCE inflation expectations remain the key USD driver; any confirmation of sticky price pressures could delay rate-cut expectations and support the dollar.
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3 hours ago
Fed's Barkin Says US Inflation Higher Than Hoped
Richmond Fed President Barkin acknowledged CPI running above the Fed's comfort level, signaling inflation remains sticky despite recent moderation. He declined to prejudge October FOMC action but flagged upcoming PPI data as key to the inflation outlook. USD traders watch whether this tips Fed expectations toward a hold or cut.
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