Fed's Barkin: Fed Is Going To Have To Adjust Its Stance As It Learns More

Fed's Barkin: There is reason to think there is limited risk of both a big rise in unemployment or a big rise in inflation. Fed's Barkin: The recent rate cut should help the job market while keeping pressure on inflation that remains above target. Richmond Fed President Tom Barkin on the disconnect in the data and outlook for consumer spending: "The front of the cabin is full and the back of the cabin is empty." Fed’s Barkin: The Current Level Of The Unemployment Rate Is Not A Concern But The Trend Could Be In The Wrong Direction - Unemployment Looks A Little Shakier, Inflation Better RICHMOND FED'S BARKIN Q&A/PETERSON: 'WOULDN' TAKE A TON (OF NEGATIVE NEWS) TO CONVINCE ME NOT TO BE SO SANGUINE' #Barkin #FederalReserve #economy

Fed's Daly: The inflation impact of tariffs hasn't been as large as forecast, and has had a bigger impact on the labor market. Fed's Daly: Interest rates are still modestly restrictive Federal Reserve's Daly Says "Some Additional Rate Cuts May Be Needed Over Time" DALY: WE ARE IN 'TRADEOFF' SPACE, NEED TO BALANCE RISKS SHOULD NOT GO ALL THE WAY TO NEUTRAL, TOO RISKY DALY: US ECONOMY IS IN OKAY SHAPE

Personal income increased $95.7 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $86.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $129.2 billion (0.6 ...