FedIMPORTANTSeptember 22 at 01:08 PM

Fed's Barkin (2027 voter) says the labor market is not overheated or even particularly tight; does not see much evidence that consumer balance sheets are stretched; consumers will spend as long as the job market remains healthy

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Fed's Barkin described the labor market as neither overheated nor tight, saw sound consumer balance sheets, and likened the period to a 1990s mid-cycle adjustment.

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Like to think this period will be more like the 1990s mid-cycle adjustment.

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Fed's Barkin (2027 voter) says the labor market is not overheated or even particularly tight; does not see much evidence that consumer balance sheets are stretched; consumers will spend as long as the job market remains healthy

News detail

What do investors think?

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