More from Barkin: I don't see us as done yet
<ul><li>I have a hard time declaring 'sufficiently restrictive' at any point in time</li><li>Long-term rates have loosened but I don't think of them as a policy variable or equate them to rate hikes</li><li>A return to elevated inflation would mean we need to look hard if we need to do more</li><li>Core issue on whether another rate hike is needed is inflation</li><li>I anticipate more disinflation on goods</li></ul><p>I wonder if Powell tries to push a bit harder today to keep a Dec or Jan rate hike in play. Odds continue to be very low.</p>
This article was written by Adam Button at www.forexlive.com.
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