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Fed’s Barkin: If the US has a recession, it would likely be less-severe one

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Fed’s Barkin

This is the only headline so far from his comments. I’ll watch out for more.

I agree it would probably be less severe, in part because the Fed has 500 bps of ammo to fight it.

More:

  • Try not to focus too much on short-term market moves
  • Fed needs to achieve 2% target to ensure its credibility

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