Barkin Admits January's Sticky Inflation Rates Complicate Fed's Path Forward January’s inflation data has intensified the complexity of upcoming interest rate decisions for the U.S. Federal Reserve, according to Richmond Fed President Thomas Barkin. In a recent interview, Barkin highlighted the persistent issue of inflation, particularly noting the sustained inflation in shelter and services despite a general slowdown in goods prices. While he expressed caution about overemphasizing the January figures due to potential seasonal distortions, he acknowledged that the latest data certainly did not simplify the Fed’s task but rather compounded the challenges faced in tempering inflationary pressures. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. economy takes a step backward in April, S&P surveys show, as demand weakens READ MORE The Gold Investing Madness Is Just Getting Started READ MORE Gold regains ground as dollar, yields slip post US PPI data READ MORE All eyes on the Federal Reserve: What to know this week READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment