February 05, 2025 at 03:22PM
Does not expect tariffs to result in a large reshoring of US manufacturing any time soon
Expects 12 months inflation numbers will come down ‘significantly’ in the first quarter
There are some base case effects that should help bring down inflation numbers in Q1 and that would highlight Fed optionality on rate cuts.
This article was written by Adam Button at www.forexlive.com.
Fed’s Barkin: Does not see rate hike as ‘close’ to the base case