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Barkin: Fed's rate guidance is 'explicit,' investors should watch outcomes

The guidance from the Fed “is as clear and explicit as we have seen,” pegging any interest rate increase to inflation exceeding the Fed’s 2% target and a return to full employment, and any change in asset purchases to significant progress towards those goals, Barkin told Bloomberg Television.

“The challenge for investors is to not try to turn that into calendar based guidance but to say lets see how the outcomes go.”


Source: Economy - investing.com

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