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Feds Barkin on Bloomberg says:
SUMMARY
Barkin’s comments reflect a cautious neutrality—the economy appears stable, with low unemployment and inflation gradually moving toward target, but signs of business hesitation (e.g., hiring freezes and delayed investments) and consumer wariness are emerging. While he doesn’t see immediate drops in spending or business cancellations, he acknowledges uncertainty around consumer reactions, tariff impacts, and government spending cuts, particularly in sensitive regions like D.C.
He remains in wait-and-see mode, watching how businesses and consumers respond to pricing and policy changes. The lack of urgency to adjust policy suggests the Fed is leaning toward patience rather than action, but downside risks are clearly on the radar.
Bias: Neutral to slightly cautious, with more focus on risks than the upside potential. This is congruent with most commentary from Fed officials.
Meanwhile fiscal policy is switching from tightening to easing. Today is a day to focus on stimulus as the market reacts to the reprieve from the 50% tariffs "recommended" by Trump on Friday.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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