Fed’s Barkin: Fed is making great progress but needs to keep it going

  • There is still more demand for housing than supply
  • The better way to address the imbalance is more supply, not suppressing demand
  • Companies still feel labor is short on a long-term basis, are not firing but job growth is slowing
  • The current level of unemployment is fine, whther it is normalizing or weakening is something still to be determined

There isn’t much of a signal here.

This article was written by Adam Button at www.forexlive.com.

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