More from Richmond Fed Pres Barkin: Still feels like weight of risk is toward inflation ...Middle East

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More from Richmond Fed Pres Barkin: Still feels like weight of risk is toward inflation
More from Richmond Fed Pres Barkin:Still feels like weight of risk is toward inflation. The metrics of where neutral rate is has moved up, but feels like current policy is restrictiveAt this point willing to believe that current rates are restrictive enough. Hear strongly from business contacts that the labor market is normalizing though some sectors that fell behind in hiring during the pandemic are still catching up.GDP growth still seems strong, focused attention now on job marketRecent data makes you think less optimistically about how quickly inflation gets under control. It is a stubborn roadTakes a while to corral price setters to think they don't have a chance.Have not yet seen evide

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