Fed Barkin
- Inflation is more stubborn than most Fed members think. Nevertheless, Barkin expects inflation to fall further
- The Fed's actions are very good in terms of the US economic outlook
- If inflation falls harder, the Fed will react to it
- Inflation is moving in the right direction, we are making progress here. The pullback in inflation is truly astonishing
- The economy is more stable than some data suggest
Some of the words from San Francisco Fed chair, Thomas Barkin don't sound very dovish, but looking from a broader context, it is clear that there is room for faster and stronger rate cuts if they are warranted. The dollar is losing today, with yields reaching 3.90%. EURUSD is again approaching important resistance near the 1.10 level. 
Source: xStation5
