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Federal Reserve's Barkin: Basic outlook for 2025 positive, upside risks to growth outweigh downside risks

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2025-01-03 16:14:47
The Fed's Barkin said the underlying outlook for 2025 was positive, with more upside risks to growth than downside risks. Inflation is still not back on target and more work is needed; there are some potential upside risks to inflation. The 2025 story will focus less on monetary policy and more on economic fundamentals and perhaps geopolitics.
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