Thomas Barkin, President of the Richmond
Federal Reserve, suggested that the current interest rate should help temper
the economy, potentially bringing inflation down to the targeted 2%.
He
emphasized that the robust job market offers officials the opportunity to
monitor inflation trends with confidence. On the other hand, John Williams,
President of the New York Federal Reserve, projected eventual rate cuts, noting
a moderation in job growth and the Fed's comprehensive review of all available
data.
Dr. Kamaran Qader Yaqub
Financial consultant at Investment Spot company
