August 08, 2024 at 07:57PM
Fed’s Barkin is scheduled to speak at 3 PM ET.
ON Friday after the US jobs report he said:
Not ready to embrace the 50 bp cut debate
That 114K jobs is reasonable.
We’re going to get a lot of data between now and September.
There will be two whole rounds of jobs reports two whole rounds of inflation readings, a lot of activity metrics,
We’ll make the best decision we can when we get to September.
This article was written by Greg Michalowski at www.forexlive.com.
Fed’s Barkin is scheduled to speak at 3 PM