Fed's Barkin: FOMC has time to see data before deciding what's ahead 4 rates, watching CPI

<p>Federal Reserve Bank of Richmond President Thomas Barkin spoke earlier on "The New Job Hierarchy" before the Money Marketeers of New York University:</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-barkin-lost-data-due-to-government-shutdown-would-complicate-understanding-econ-20230928/" target="_blank" rel="follow" data-article-link="true">Fed's Barkin: Lost data due to government shutdown would complicate understanding econ</a></li></ul><p>More from Barkin, Q&amp;A now:</p><ul><li>
Fed holding steady at the September FOMC meeting was appropriate</li><li>Fed has time to see
data before deciding what’s next for rates</li><li>The path forward depends
on what happens with inflation</li><li>Will be watching the job
market closely for clues</li><li>Cautions against reading too much into Federal Reserve forecasts</li><li>Says the job market has remained very healthy</li><li>Is not sure how the economy will perform over coming months </li><li>There is still a lot of uncertainty how the Fed's balance sheet influences the economy</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.