Fed’s Barkin Warns of Chill Over Business Investment From Trade Uncertainty

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Trade policy uncertainty raising new risks for an otherwise stable economy says the Fed's Tom Barkin: “Emotions have gotten far out in front of the data”

RICHMOND, Va.—Uncertainty over trade policy could weaken business sentiment and chill investment, raising new risks for an otherwise stable U.S. economy, Tom Barkin, president of the Federal Reserve Bank of Richmond, said in an interview with The Wall Street Journal.

Mr. Barkin said Friday it was too soon to say whether global economic weakness would compel the central bank to cut interest rates at its next meeting, July 30-31. “We’re still in a very sound place,” he said. “I think emotions have gotten far out in front of...

 

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pump the big bubble

😂😂😂😂😂😂😂😂😂

Individual 1=bullshit train wreck continues inverted curve on bond markets stock market heading for a down turn.

Very rich coming from a Fed that has given us continuous uncertainty on interest rates for decades.

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