According to ChainCatcher news and Jin10 reports, Fed official Barkin stated that the current inflation level is above the target level, but it is unlikely to rise further. He noted that consumer resistance and improved productivity will help slow down inflation.
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Barkin: Inflation is above target levels, but is unlikely to rise further.
According to ChainCatcher news and Jin10 reports, Fed official Barkin stated that the current inflation level is above the target level, but it is unlikely to rise further. He noted that consumer resistance and improved productivity will help slow down inflation.