Published Date Feb 09, 2024

“Looking forward, I am hopeful but still looking for more conviction that the slowing of inflation is broadening and sustainable,” Barkin told the Economic Club of New York.

“No one wants inflation to reemerge,” he said. “And given robust demand and a historically strong labor market, we have time to build that confidence before we begin the process of toggling rates down.”

READ MORE: CEO optimism hits two-year high as inflation cools: Conference Board

By Caroline Gaudette

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