APRIL 1, 2026 AT 11:57 AM
Fed's Barkin (2027 voter) says consumer spending still seems resilient, do not see inflation expectations at risk of breaking out
Importance
Level 1
- Barkin expects slow progress on inflation, not a quick return to target
- Goods firms feel pricing power is limited, but services firms feel they have it
- Households and firms see oil shock as short-term