Federal Reserve's Barkin Anticipates Moderate Rate Adjustments Amid Economic Stability

According to BlockBeats, Federal Reserve official Barkin stated that he expects moderate adjustments to interest rates for the remainder of the year, given his anticipation of minimal changes in economic activity. Barkin noted, "I see the economy running moderately. If the economy runs moderately, that means interest rates will also adjust moderately." However, he expressed uncertainty about whether the economy will indeed develop as moderately as expected, emphasizing that predictions may change. Barkin refrained from specifying his stance on potential actions in September, acknowledging that there are still three and a half weeks until the next meeting. He emphasized that he will make the best judgment possible on the day of the meeting, based on all available information.