- Improvement on inflation is still pretty narrow and focused on goods
- Says he’s open to lowering rates once inflation is on track to 2%
- Conceivable that banks want to hold more liquidity than they did before the pandemic
This isn’t a surprise. Previously Barkin has talked about ‘toggling’ rates back down to lower levels once inflation was on track.
This article was written by Adam Button at www.forexlive.com. Source