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Fed's Barkin: Near neutral in terms of rates, but not there yet

Additional comments from Richmond Fed President Tom Barkin continue to cross the wires as he speaks at an event organised by the Raleigh Chamber of Commerce.

  • Fed very much focused on hitting its inflation target.
  • Favours normalizing rates at the right pace, right time.
  • Shutdown has an indirect impact on business confidence.

Source: Reuters.

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