Richmond Fed President Tom Barkin thinks the Fed's benchmark rate, now in a range of 4.5%-4.75%, is better positioned to move in either direction depending on how the economy evolves. In his talk, ...
"The labor market might be fine or it might continue to weaken," Barkin said. The Fed's Kashkari Sees a December Interest-Rate Cut. Unless There's an Inflation Surprise. A higher neutral rate ...