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Wallstreetcn
2026.01.06 13:19

Barkin, President of the Federal Reserve Bank of Richmond (2027 FOMC voting member): Given the risks to unemployment and inflation targets, future interest rate decisions need to be "finely tuned."
The current policy interest rate is in the neutral range.
The Federal Reserve's dual mandate is "worthy of attention" on both fronts.
Inflation has fallen but remains above target, and the unemployment rate is still low, but there is no desire for further deterioration in the labor market.
Last year showed economic resilience, but demand and job growth were mainly concentrated in certain sectors, and market sentiment has declined.
It is expected that last year's uncertainties will diminish by 2026, and consumer and business confidence will strengthen.
Changes in taxation, regulatory easing, and the effects of interest rate cuts will all provide stimulus to the economy this year

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