MACRO
Fed's Barkin Sees 'Plausible Story' That Slowing Economy Is Working to Bring Inflation Back to 2% Target
'On the ground, I hear that demand is softening,' Richmond Fed president says. The U.S. economy may be softer than the data suggest, and this weakness may be helping to moderate inflation pressure, Richmond Fed President Tom Barkin said Tuesday.
"There's a story -- a plausible story -- that weakening deman...