Barr: The Economic Outlook and Monetary Policy | Metals Mine

  • Barr: The Economic Outlook and Monetary Policy

    From federalreserve.gov

    Thank you to the Economic Club of Minnesota for the opportunity to speak to you today. I'm happy to be here for several reasons, one of which is that I have roots in Minnesota. My grandmother was born and raised in Eveleth, where her parents ran a small clothing store they opened in 1906 to serve the growing population that came here in the iron ore mining boom of that era. That generation's hard work and dreams of a better future helped build this great state as well as the prosperous economy that this club and the Federal Reserve are both dedicated to fostering. We are midway between the last meeting of the Federal ... (full story)

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Trader#C192
Oct 9, 2025 12:18pm
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Pays to listen to these people. Don't listen to the kooks on the Internecks that think they are smarter. Just ask yourself this. Why are they not on the FED board, doin' it better then? Because they're FLOGS.... that's why lolz

Quote
Research by Federal Reserve staff and others indicates that the increase in inflation since April has likely owed largely to the sharp increase in tariffs that kicked in around then. There are various measures of the overall level of tariffs. For assessing how tariffs are affecting inflation, I find it helpful to look at tariff collections relative to imports, which gives us a measure of the real effective tariff rate paid as goods come into the country. This rate has risen sharply this year, reaching about 11 percent in August, and is likely to...

Sounds pretty rational to me. Best ask the flogs on here what they would do better.


P.S. Nothing, not even in their {wet} dreams
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