More from Barkin: I don’t see us as done yet

  • I have a hard time declaring ‘sufficiently restrictive’ at any point in time
  • Long-term rates have loosened but I don’t think of them as a policy variable or equate them to rate hikes
  • A return to elevated inflation would mean we need to look hard if we need to do more
  • Core issue on whether another rate hike is needed is inflation
  • I anticipate more disinflation on goods

I wonder if Powell tries to push a bit harder today to keep a Dec or Jan rate hike in play. Odds continue to be very low.

This article was written by Adam Button at Source