Fed officials Bostic and Barkin: Policy is restrictive. Anecdotal evidence challenges GDP

<p>Both Atlanta Fed's Bostic and Richmond Fed's Barkin are participating in a fireside chat. Some comments:</p><ul><li>Fed's Bostic (2024 voter) suggests the current policy stance is likely sufficiently restrictive.</li><li>Fed's Barkin (2024 voter) highlights a wide range of possible economic outcomes.</li><li>Anecdotal evidence contradicts the latest GDP report.</li><li>There's a belief that an economic slowdown is necessary to address inflation.</li><li>Barkin: Not seeing full effect of rate hikes</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.