1 Jul 2019
Fed’s Barkin: Weaker economic growth would force conversation about interest rate cuts
Reuters reports the latest comments by the Richmond Fed President Barkin, as he warns of chill over business investment from trade uncertainty.
Key Quotes:
Economy 'still in a very sound place' but worries about negative sentiment.
Emotions have gotten far out in front of the data.
Weaker economic growth would force conversation about interest rate cuts.