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U.S. Fed’s Barkin says 2025 outlook positive, inflation to move lower

financialpost
Summary
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78% Informative

Federal Reserve Bank of Richmond president Tom Barkin said he believes the central bank’s current level of interest rates remains restrictive enough to lower inflation in 2025 .

Barkin voted in favour of a quarter -point reduction in the benchmark lending rate on Dec. 18 .

The Fed has lowered rates by a full percentage point in three moves since September .

VR Score

88

Informative language

92

Neutral language

42

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

9

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