Fed’s Barkin is scheduled to speak at 3 PM ET.
ON Friday after the US jobs report he said:
- Not ready to embrace the 50 bp cut debate
- That 114K jobs is reasonable.
- We’re going to get a lot of data between now and September.
- There will be two whole rounds of jobs reports two whole rounds of inflation readings, a lot of activity metrics,
- We’ll make the best decision we can when we get to September.
This article was written by Greg Michalowski at www.forexlive.com. Source