Federal Reserve official Barkin said the central bank’s policy direction is "clear," while the main question is the pace of adjustment. He added that moving interest rates gradually is a workable approach. The remark focused on how the Fed may handle the timing of policy changes rather than signaling a shift in direction. No additional details were provided in the brief update from Odaily.
Federal Reserve official Barkin said the Fed’s policy direction is "clear," and that the key issue is the pace. He added that gradually adjusting interest rates is a workable approach.
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