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Economy

sprinkleeninow

(20,560 posts) Fri Jun 16, 2023, 12:46 PM Jun 2023

Yahoo Finance: Fed's Barkin willing to raise rates if inflation doesn't fall soon [View all]

Excerpt: "Barkin said he realizes that raising rates higher creates the risk of a more significant slowdown. But he also wants to avoid the experience of the 1970s, when the Fed backed off rate hikes too soon only to see inflation ignite again. That pushed the Fed to jack up rates higher."

https://finance.yahoo.com/news/feds-barkin-willing-to-raise-rates-if-inflation-doesnt-fall-soon-140137938.html

9 replies

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Yahoo Finance: Fed's Barkin willing to raise rates if inflation doesn't fall soon [View all] sprinkleeninow Jun 2023 OP

People don't want to believe it but that is the choice bucolic_frolic Jun 2023 #1

Unemployment will be 10 percent as well. roamer65 Jun 2023 #7

This is nothing like the 70's BootinUp Jun 2023 #2

I have a difficult time trusting 'their' determinations and then 'corrective measure'. nt sprinkleeninow Jun 2023 #3

Core inflation is stuck at near 5%, more than 2X the Fed target progree Jun 2023 #4

I can do some of my barnyard imitations concerning my sentiments re: the Feds? sprinkleeninow Jun 2023 #5

The Fed is going to overshoot and pop the housing bubble. roamer65 Jun 2023 #6

Read earlier where one Fed (mb Delaware?) says they should leave the rate be sprinkleeninow Jun 2023 #8

Knowing the Fed, I doubt they will. roamer65 Jun 2023 #9