Federal Reserve's Barkin: The United States is clearly in the latter half of the inflation cycle
BlockBeats reports that on July 17, Richmond Federal Reserve Chairman Barkin stated in an interview that the Federal Reserve's expectation of economic recession as a necessary measure to curb inflation has not been realized. The surprisingly strong consumer spending indicates that the United States is clearly in the latter half of an inflation cycle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget fully upgrades its VIP service system, offering up to 67% fee discounts and advanced privileges
Bitget launches the 16th VIP Regular Airdrop Program with a prize pool of 1 million THQ
Meta's former Chief AI Scientist sets a €3 billion valuation for his new AI company
Trending news
MoreCrypto prices
More
