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TechFlow news: Fed's Barkin said the six-month core PCE inflation rate is now "slightly below" the 2% target, and the possibility of further rate hikes "remains." A soft landing appears possible but not guaranteed. He suggested paying less attention to the rate path and focusing more on whether inflation continues to decline and the economy remains strong. (Jinshi)
Fed's Barkin says the six-month core PCE inflation rate is now "slightly below" the 2% target, and the possibility of further rate hikes "remains." A soft landing appears possible but not guaranteed. Suggests paying less attention to the rate path and focusing more on whether inflation continues to decline and the economy remains strong. (Jinshi)
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